Previous Page Balance : noun :(a) amount in an account which makes the total debits and credits equalCredit balance : balance in an account showing that more money has been received than is owedDebit balance : balance in an account showing that more money is owed than has been received
• The account has a credit balance of £ 100.• Because of large payments to suppliers, the account has a debit balance of £1,000.
• You can pay £100 deposit and the balance within 60 days.
• The country has had an adverse balance of trade for the second month running.
• I have finished balancing the accounts for March.• The February accounts do not balance.• The two sides are not equal.
• The president is planning for a balanced budget.
• The company balance sheet for 1984 shows a substantial loss.• The accountant has prepared the balance sheet for the first half year.