A balance sheet is an accounting tool used to summarize the financial status of a business or other entity. It generally lists assets on one side and liabilities on the other, and both sides are always in balance. Assets and liabilities are divided into short- and long-term obligations including cash accounts such as checking, money market, or government securities. At any given time, assets must equal liabilities plus owners equity. An asset is anything the business owns that has monetary value. Liabilities are the claims of creditors against the assets of the business. A balance sheet is usually prepared each month, quarter of a year, annually, or upon sale of the business, in order to show the overall condition of the company.
Net cash balance means the beginning cash balance plus cash receipts minus cash disbursements. It also refers to the amount of money in an account. It is calculated by adding the initial deposit to all subsequent deposits and then subtracting all disbursements. A positive net cash balance indicates that money is present and available in the account, while a negative one indicates that the account is overdrawn.
A cash balance plan is a type of defined benefit plan. It also includes some elements that are similar to a defined contribution plan. In a cash balance plan, the benefit amount is computed based on a formula using contribution and earning credits, and each participant has a hypothetical account.
The Phoenix Arizona Balance Sheet Support Schedule — Cash Balance is a financial document that provides a detailed breakdown of the cash balances of an organization within the Phoenix, Arizona region. It provides crucial insights into the organization's liquidity and financial stability by outlining the cash assets and liabilities it holds. Within the Phoenix, Arizona Balance Sheet Support Schedule, there may be various types of Cash Balance that can provide different perspectives on an organization's financial health. These may include: 1. Operating Cash Balance: This refers to the cash available for day-to-day operations. It includes cash held in bank accounts, petty cash, and short-term investments that can be easily and quickly converted into cash. 2. Investment Cash Balance: This represents any cash held in longer-term investments, such as stocks, bonds, or other securities. These investments may be made to generate additional income or to diversify the organization's overall portfolio. 3. Restricted Cash Balance: This category includes any cash that is legally restricted and can only be used for specific purposes. Examples may include funds held in escrow accounts, reserves for future capital expenditures, or funds set aside for debt service. 4. Cash Equivalents Balance: Cash equivalents are highly liquid, short-term investments that can be readily converted into cash within a three-month period. These may include Treasury bills, money market funds, or commercial paper. The Cash Equivalents Balance on the support schedule highlights the portion of the organization's readily available cash that is invested in these short-term instruments. 5. Cash Balance on Special Projects: In some cases, organizations may have a dedicated cash balance for special projects or initiatives. This balance is often separate from the operating cash balance and allows for better tracking and management of funds allocated to specific projects or programs. The Phoenix Arizona Balance Sheet Support Schedule — Cash Balance provides a comprehensive overview of an organization's cash positions, empowering stakeholders to evaluate its financial strength, liquidity, and ability to meet its financial obligations accurately. Having a detailed breakdown of different cash balance categories allows for better financial decision-making and helps identify areas where improvements or additional investments may be necessary.The Phoenix Arizona Balance Sheet Support Schedule — Cash Balance is a financial document that provides a detailed breakdown of the cash balances of an organization within the Phoenix, Arizona region. It provides crucial insights into the organization's liquidity and financial stability by outlining the cash assets and liabilities it holds. Within the Phoenix, Arizona Balance Sheet Support Schedule, there may be various types of Cash Balance that can provide different perspectives on an organization's financial health. These may include: 1. Operating Cash Balance: This refers to the cash available for day-to-day operations. It includes cash held in bank accounts, petty cash, and short-term investments that can be easily and quickly converted into cash. 2. Investment Cash Balance: This represents any cash held in longer-term investments, such as stocks, bonds, or other securities. These investments may be made to generate additional income or to diversify the organization's overall portfolio. 3. Restricted Cash Balance: This category includes any cash that is legally restricted and can only be used for specific purposes. Examples may include funds held in escrow accounts, reserves for future capital expenditures, or funds set aside for debt service. 4. Cash Equivalents Balance: Cash equivalents are highly liquid, short-term investments that can be readily converted into cash within a three-month period. These may include Treasury bills, money market funds, or commercial paper. The Cash Equivalents Balance on the support schedule highlights the portion of the organization's readily available cash that is invested in these short-term instruments. 5. Cash Balance on Special Projects: In some cases, organizations may have a dedicated cash balance for special projects or initiatives. This balance is often separate from the operating cash balance and allows for better tracking and management of funds allocated to specific projects or programs. The Phoenix Arizona Balance Sheet Support Schedule — Cash Balance provides a comprehensive overview of an organization's cash positions, empowering stakeholders to evaluate its financial strength, liquidity, and ability to meet its financial obligations accurately. Having a detailed breakdown of different cash balance categories allows for better financial decision-making and helps identify areas where improvements or additional investments may be necessary.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
