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

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16y 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


How is the remaining balance collected?

Who loaned the money?


Can a self directed IRA have a negative balance?

No, IRAs can not have a negative balance.


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.


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.


Do Astronaut have positive nitrogen balance?

No; astronauts have a negative nitrogen balance.


How can you compute the average ledger balance and average collected balance on your bank statement?

Ledger balances are those listed on the bank's books, while collected balances equal ledger balances minus float associated with the account.


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.