Negative Collected Balance = Ledger Balance - Float, given Float > Ledger Balance.
NO
Ledger balances are those listed on the bank's books, while collected balances equal ledger balances minus float associated with the account.
Float Balance means the amount of funds represented by checks that have been issued but not yet collected.
yes
A positive margin balance is the amount owed to you by the brokerage. A negative margin balance is the amount owed to the brokerage by you.
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.
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No, IRAs can not have a negative balance.
Who loaned the money?
The color red shows a negative balance.
why does come negative balance in taxation
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.
No; astronauts have a negative nitrogen 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.
NO
"Overdrawn" is the common term used to describe a negative checking account balance.
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.