USA Restricted cash


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Do bank companies consider the cash amounts related to tax withheld to be paid to tax authorities and cash held for IOLTA to be paid to states as Restricted Cash in their balance sheet?
 
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kirby

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Usually when I have seen it, it has not been material enough for a separate balance sheet line item. Usually just footnote disclosure.
 
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Thanks Kirby. I guess they should be disclosed as restricted.
 

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