When 
 to Enter a Negative Balance
                                            You might want to enter a negative balance:
                                            
                                                - 
                                                    for contra accounts (ask your accountant about 
 these)
- if you're a new company still operating "in 
 the red" (with a negative retained earnings account)
- if you are converting 
 in mid-year and have recorded dividends paid, then this account balance 
 would be entered as a negative