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Negative Collected Balance = Ledger Balance - Float, given Float > Ledger Balance.

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15y ago

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What is a negative collected balance?

Negative collected balance is a term used in accounting to describe accounts that are cannot be collected on. This means that they have tried several times to collect the balance and have been unsuccessful.


Why is my credit sweep collected balance negative?

You need to contact creditsweep.net


Can a self directed IRA have a negative balance?

No, IRAs can not have a negative balance.


How is the remaining balance collected?

Who loaned the money?


What can be often used to show a negative balance?

The color red shows a negative balance.


Why does tally shows negative balance and how could you be able to modify it?

why does come negative balance in taxation


Negative balance of trade?

A positive balance is known as a trade surplus if it consists of exporting more than is imported; a negative balance is referred to as a trade deficit.


Do Astronaut have positive nitrogen balance?

No; astronauts have a negative nitrogen balance.


What is Minimum daily collected balance?

The minimum sum of cash balances daily. Example - if your checking account requires a minimum daily collected balance of $500 to avoid a monthly maintenance fee, you must keep your cash balance in your checking account at or above $500.


Can you have a negative liability on the balance sheet?

NO


What is the term used for a negative checking account balance?

"Overdrawn" is the common term used to describe a negative checking account balance.


Why does a negative number subtracted from a negative number equal a positive number?

Lets say you are in debt to a bank and have a negative balance. If I subtract that balance (take the negative balance off you) then you have gained money. That is the easiest way to imagine it. I do understand mathematical concepts are not alwys easy to understand.