Collection float is the amount of time that elapses between ________ a check in an account and
the check's ________, at which point the funds are actually placed in the account.
A) depositing; clearing
B) issuing; clearing
C) writing; being deposited
D) receiving; being deposited
E) A and B above
A
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Martha visits a departmental store and learns that a box of exotic candles would cost her ten percent more than what she had paid for it six months ago. In this scenario, Martha has to pay more as a result of__________
Fill in the blanks with correct word.
The Tarrago Company issues $517,000 of 11%, 10-year bonds at 104 on March 31, 2017
The bond pays interest on March 31 and September 30. Assume that the company uses the straight-line method for amortization. Calculate the net balance that will be reported for the bonds on the September 30, 2017 balance sheet. A) $517,000 B) $537,680 C) $536,646 D) $538,714