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Any negative cash balance represents float. It could represent the total amount of checks outstanding, checks generated and not mailed, or an unreconciled line of credit. Basically, negative cash should be booked as additional Accounts Payable or an increase in the outstanding borrowing on the line of credit.
What else can I help you with?
Can you have a negative liability on the balance sheet?
NO
Is the accumulated depreciation negative on the balance sheet?
No, accumulated depreciation is not negative on the balance sheet. It represents the total depreciation expense recorded for an asset over time.
Can there be a negative Owner's equity on a balance sheet?
yes
Where do you find positive and negative numbers in finance?
In a company balance sheet.In a company balance sheet.In a company balance sheet.In a company balance sheet.
Performa of balance sheet?
Not sure what your question is, but maybe you're meaning: pro forma balance sheet
Can common stock have a negative balance?
is the opening balances of accumulated depreciation in a balance sheet
Can Additional Paid In Capital be negative as presented on the balance sheet?
No
Where does overdraft go to balance sheet or profit and loss account?
Bank overdraft is shown in balance sheet either as a negative amount of bank in asset side or at liability side of balance sheet.
What does the number in parentheses mean on balance sheet line item?
the number is negative.
Does accrued depriciation go in asset non current where you subtract?
Accumulated Depreciation is a contra-account, meaning it is shown as a negative, in the Fixed Asset section of the Balance Sheet.
Is Loan on balance sheet or off balance sheet?
Loan is on balance sheet
What is an off balance sheet asset?
what is the meaning of to err is human and to forgive is Divine
