cash balance
This query is : Resolved
Guest
Guest
(Querist)
08 April 2010
what cash balance should be show in the balance sheet for small business
DEEPIKA GOEL
(Expert)
08 April 2010
Its nothing specific. Actual balance should appear. But you should be careful that the cash balance should be as minimum as possible. Generally, the companies maintain the cash balance according to consumption of cash balance basically petty cash account and some amount more. So u can analyse according to your monthly cash utilisation of company.
08 April 2010
AGREE WITH DEEPIKA JI.
CMA.Palani Arumugam
(Expert)
10 April 2010
Agreed. Minimum is advisable.(Ensure that there should not be negative balance during the period)
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