shaneleedawson1549 shaneleedawson1549
  • 10-03-2020
  • Social Studies
contestada

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.

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nalleitenw
nalleitenw nalleitenw
  • 10-03-2020

The correct answer is depositing; clearing  and issuing; clearing

Explanation: Collection float is the time between when a check is deposited in a bank account and when the funds are available to the depositor, the period when the bank is collecting payment from the paying bank.

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