Concept in Definition ABC

According to the context in which it is used, the term balance has several meanings.
For example, at the behest of the accounting, a balance will be the difference between debit and creditThis question can give three possible results: that the debit is greater than the credit, which is why the difference between the two will be called the debit balance. The second option is that the credit is greater than the debit, then, the difference between the two will be called balance creditor and the last one alternative It may be that both, both the debit and the credit are equal, while this situation will be called a null balance or the use of the expression cleared accounts to refer to such issue.

On the other hand, it is also called the balance at amount of an account is for or against the owner of the same.

What's more, when you want to account for the final result of a activity or matter the word balance is used to refer to this state of affairs.

Meanwhile, in a plane

commercial, for example, when a person buys an item or object in a store but does not have the whole of money that this object is worth, what it does is leave a part of the money it costs, which is known as a down payment and the amount subtraction payable will be called balance.

And in some parts of the world when merchants sell their articles or merchandise at a very low or lower price than they are accustomed to doingThis modality is also designated by the term balance.

Issues in Balance