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 Harris Texas Balance Sheet Support Schedule — Cash Balance is a critical financial document that provides a detailed breakdown of the cash balance held by Harris Texas. It plays a key role in assessing the financial health and stability of the organization. This support schedule captures the financial inflows and outflows that affect the cash position of Harris Texas over a specific period. It enables stakeholders to understand the sources of cash and how it is utilized within the organization. This balance sheet support schedule includes various categories representing different types of cash balances within Harris Texas. Some of these cash balances may include: 1. Operating Cash Balance: This section records the cash generated through regular business activities, such as revenue from services or sales, minus expenses like salaries, rent, and utilities. It serves as an indicator of the company's ability to generate sufficient cash from its core operations. 2. Investing Cash Balance: This portion of the schedule showcases the cash flows related to investments made by Harris Texas, such as buying or selling property, equipment, or other fixed assets. It helps stakeholders evaluate the investment decisions made by the organization and their impact on the cash position. 3. Financing Cash Balance: This section reflects the cash inflows and outflows related to financing activities, such as issuing or repurchasing stock, acquiring or repaying debt, or paying dividends. It provides insights into how Harris Texas obtains and utilizes external funding sources. 4. Cash Equivalents: This category includes highly liquid assets that are readily convertible into cash, generally with short-term maturity periods. Examples may include treasury bills, commercial paper, or short-term government bonds. Cash equivalents are crucial for understanding the immediate liquidity position of Harris Texas. 5. Restricted Cash: This component represents cash that is legally restricted for specific purposes, such as funds held in escrow or deposits reserved for debt service payments. Restricted cash is separated to ensure compliance with legal or contractual obligations. The Harris Texas Balance Sheet Support Schedule — Cash Balance combines these different cash balance types to provide a comprehensive view of the organization's liquidity and financial stability. It assists stakeholders in making informed decisions, assessing the company's ability to meet short-term obligations, identifying any emerging financial risks, and evaluating the overall financial health of Harris Texas.The Harris Texas Balance Sheet Support Schedule — Cash Balance is a critical financial document that provides a detailed breakdown of the cash balance held by Harris Texas. It plays a key role in assessing the financial health and stability of the organization. This support schedule captures the financial inflows and outflows that affect the cash position of Harris Texas over a specific period. It enables stakeholders to understand the sources of cash and how it is utilized within the organization. This balance sheet support schedule includes various categories representing different types of cash balances within Harris Texas. Some of these cash balances may include: 1. Operating Cash Balance: This section records the cash generated through regular business activities, such as revenue from services or sales, minus expenses like salaries, rent, and utilities. It serves as an indicator of the company's ability to generate sufficient cash from its core operations. 2. Investing Cash Balance: This portion of the schedule showcases the cash flows related to investments made by Harris Texas, such as buying or selling property, equipment, or other fixed assets. It helps stakeholders evaluate the investment decisions made by the organization and their impact on the cash position. 3. Financing Cash Balance: This section reflects the cash inflows and outflows related to financing activities, such as issuing or repurchasing stock, acquiring or repaying debt, or paying dividends. It provides insights into how Harris Texas obtains and utilizes external funding sources. 4. Cash Equivalents: This category includes highly liquid assets that are readily convertible into cash, generally with short-term maturity periods. Examples may include treasury bills, commercial paper, or short-term government bonds. Cash equivalents are crucial for understanding the immediate liquidity position of Harris Texas. 5. Restricted Cash: This component represents cash that is legally restricted for specific purposes, such as funds held in escrow or deposits reserved for debt service payments. Restricted cash is separated to ensure compliance with legal or contractual obligations. The Harris Texas Balance Sheet Support Schedule — Cash Balance combines these different cash balance types to provide a comprehensive view of the organization's liquidity and financial stability. It assists stakeholders in making informed decisions, assessing the company's ability to meet short-term obligations, identifying any emerging financial risks, and evaluating the overall financial health of Harris Texas.
