Balance

The balance in accounting is the difference between the debit and the credit, and can result in 3 options:

• (1) Duty is greater than that: the difference between the two is called debt balance.
• (2) Being greater than duty: the difference between the two is called the credit balance.
• (3) Both are equal: it is called zero balance, it can also be said that the accounts have been left "saldadas".

Assets and Loss accounts must have a debit or zero balance. Liabilities and Profit accounts must have a credit or zero balance.

Parts of the account.

1. It's T-shaped.
2. He's got a name.
3. You are assigned a number, according to the business account catalog.
4. It has 2 columns.
5. It has a balance that can be debtor or creditor.

Balance

These accounting entries are those that appear in the balance sheets of the companies, and more prosaically in the statements of the bank account / bank accounts of each bank user: outputs in the debits (which are expenses) and entries in the credit (which are income).