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When is a negative cash balance appear on the balance sheet?

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تم إضافة السؤال من قبل Hazem F , Accountant , Al Neel Dev. Co.
تاريخ النشر: 2017/05/25
Hazim Hassan, CMA, CIFR
من قبل Hazim Hassan, CMA, CIFR , Chief Accountant , Al-ghanim & Debbas Gen. Trd. Co

The credit or negative balance in the balance sheet cash account is usually caused by a company writing checks for more than the amount in the cash account.

Durga prasanna Vemulamanda
من قبل Durga prasanna Vemulamanda , Assistant Buyer , Qatar Vinyl Company

A negative cash balance appears on the balance sheet when the cash account in the general ledger has a credit balance. The credit or negative balance in the general ledger cash account is usually caused by a company or organization writing checks for more than the amount in the general ledger cash account.

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