4. (TCO 2) Best Environment Engineering wrote a check and mailed it to the Electric Co. When the Electric Co. went to deposit the check, it discovered that the bank was closed due to flooding in the area. It was 5 days before the Electric Co. could deposit the check from Best Environment Engineering. Because the Electric Co.’s bank was closed: (Points: 3),Best Environment’s collection float decreased.,the Electric Co.’s collection float decreased.,Best Environmentâ??s disbursement float increased.,the Electric Co.’s disbursements float increased.,the ledger balance of Best Environment was less than it would have been otherwise.
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