Balance Sheet Negative Cash
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In the balance sheet, show the negative cash balance as cash overdraft in the current liabilities. The more theoretically correct approach is to segregate the overdrawn amount in its own account, such as overdrawn checks or. Reasons for negative cash balances sometimes companies have negative cash balances on their trial balances at a period end. What do such negative balances..
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The More Theoretically Correct Approach Is To Segregate The Overdrawn Amount In Its Own Account, Such As Overdrawn Checks Or.
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In The Balance Sheet, Show The Negative Cash Balance As Cash Overdraft In The Current Liabilities.
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