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A company that has made significant profits, can have a negative cash ?

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Question added by Nadjib RABAHI , Freelancer , My own account
Date Posted: 2015/11/15
Teburcio Jr Obligado
by Teburcio Jr Obligado , Senior Accountant , SIBCA Electronics

Yes, negative cash may arise from the issuance of check which has an amount greater than what actually on the bank. Thanks

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