Cash on a balance sheet includes currency, bank accounts and undeposited checks. It is necessary to keep some cash available in case of unforeseen expenses. Cash is reported in the "current assets ...

A balance sheet is often referred to as a "statement of financial condition" or a "statement of financial position." It is issued by a business or entity along with other financial statements ...

The world’s largest nonfinancial companies had a record $6.85 trillion in cash on their balance sheets as of the end of the second quarter, according to data from S&P Global Ratings.