Suppose the Ruskin Oil Corporation has $150000 for bothits book balance and its

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Suppose the Ruskin Oil Corporation has $150000 for bothits book balance and its bank balance. It takes 4 days for a checkto clear. If Ruskin writes a $3000 check which of the followingstatements is false?A. Ruskins availablebalance is $150000 its book balance is $147000 and itsdisbursement float is $3000.B. If Ruskin writes a $3000 check that takes 4 days toclear during this period $3000 of disbursement float has beencreated.C. Ruskins book balance declines by the amount of the checkfrom $150000 to $147000 but the bank balance is unchanged untilthe check clears.D.After the check clears the book and bank balances willboth be $147000 and there is no more disbursement float.

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