Balance (accounting)

In banking and accountancy, the outstanding balance is the amount of money owed, (or due), that remains in a deposit account (or a loan account) at a given date, after all past remittances, payments and withdrawal have been accounted for. It can be positive (then, in the balance sheet of a firm, it is an asset) or negative (a liability).

This accountancy-related article is a stub. You can help Wikipedia by expanding it.v · Categories: Accounting terminology Accounting stubs Wikimedia Foundation. 2010. Игры ⚽ Нужно решить контрольную? Louisiana State University Laboratory School Bastak Look at other dictionaries: balance — the amount of money remaining in an account. The total of your money in the bank after accounting for all transactions (deposits and withdrawals) is called a balance . Glossary of Business Terms A division of a Securities Account, of a type… …   Financial and business terms Balance — NOTOC Balance may refer to:General terms*Balance (ability), an ability to maintain balance (see Equilibrioception below). *Balance (accounting) *Balance (metaphysics), a desirable point between two or more opposite forces. *Balance of… …   Wikipedia Accounting for leases in the United States — is regulated by the Financial Accounting Standards Board (FASB).Accounting for leases by the lesseeA lease is defined as a contractual agreement between a lessor and lessee that gives the lessee the right to use specific property, either owned by …   Wikipedia balance sheet — bal·ance sheet n: a statement of financial condition at a given date Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. balance sheet …   Law dictionary balance brought down — ˌbalance brought ˈdown abbreviation balance b/​d also ˌbalance brought ˈforward abbreviation balance b/​fwd noun [countable] ACCOUNTING the balance of an account at the beginning of a new accounting period, which was also the balance at the end… …   Financial and business terms balance carried down — ˌbalance carried ˈdown abbreviation balance c/​d also ˌbalance carried ˈforward abbreviation balance c/​fwd noun [countable] ACCOUNTING the balance of an account at the end of an accounting period, which will be taken forward to become the… …   Financial and business terms balance — 1. The noun is about four centuries older than the verb, and has derived several figurative uses from its primary meaning of ‘an apparatus for weighing’, as for example in accounting (where the notion of balancing the books is ever present) and… …   Modern English usage Accounting (UIL) — Accounting is one of several academic events sanctioned by the University Interscholastic League. The contest began in the 1986 87 scholastic year.Accounting is designed to test students understanding of general accounting principles and… …   Wikipedia Accounting scandals — Accounting scandals, or corporate accounting scandals, are political and business scandals which arise with the disclosure of misdeeds by trusted executives of large public corporations. Such misdeeds typically involve complex methods for… …   Wikipedia Accounting software — is application software that records and processes accounting transactions within functional modules such as accounts payable, accounts receivable, payroll, and trial balance. It functions as an accounting information system. It may be developed… …   Wikipedia 18+ © Academic, 2000-2025 Contact us: Technical Support, Advertising Dictionaries export, created on PHP, Joomla, Drupal, WordPress, MODx. Mark and share Search through all dictionaries Translate… Search Internet Share the article and excerpts Direct link … Do a right-click on the link above and select “Copy Link”