Ch 16 Float Example

Ch 16 Float Example - Float Management Family Healthcare...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Float Management Family Healthcare Disbursements float Family Healthcare Bank Day 1 (2,000) Day 2 Day 3 Day 4 Day 5 Day 6 Day 7 (2,000) Day 8 (2,000) (2,000) Total (16,000) (4,000) 12,000 Family Healthcare has 12,000 in the bank that they can use Collections Float Family Healthcare Bank Day 1 Day 2 Day 3 Day 4 3,000 Day 5 3,000 Day 6 3,000 Day 7 3,000 Day 8 3,000 3,000 Total 24,000 15,000 (9,000) Net float 3,000
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Family Healthcare Bank Beginning Cash Bal. 50,000 50,000 Less Checks: (2,000) (2,000) (2,000) (2,000) (2,000) (2,000) (2,000) (2,000) (2,000) (2,000) Plus Deposits: 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 Ending Cash Bal.
Background image of page 2
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 4
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 4

Ch 16 Float Example - Float Management Family Healthcare...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online