account is balanced

USAGE SUMMARY

The phrase "account is balanced" is correct and usable in written English.
It can be used in financial contexts to indicate that the total debits and credits in an account are equal, meaning there are no discrepancies. Example: "After reviewing the transactions for the month, I can confirm that the account is balanced."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

Likewise, on a consolidated basis, the eurozone's current account is balanced, its debt/GDP ratio is well below that of Japan, and its annual public-finance deficit is well below that of the US, Japan and the United Kingdom.

The Guardian - Business

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

Everything is balanced, very balanced".

The New York Times

Everything is balanced and peaceful.

Emerging Infectious Diseases

The account is invested in a balanced portfolio and you will need to pull out some income from the account.

HuffPost

"Be balanced!

HuffPost

Be balanced temperamentally.

WikiHow

I'm of the persuasion nature is balanced, and much of our accounting of things is detrimental to our becoming a balanced society.

Massachusetts Institute of Technology

For the states, the only brake on their accounting legerdemain is the balanced budget proviso in their constitutions.

Huffington Post

It is a balanced account from a man instinctively opposed to the Birtist methods of management by committee and the 'mission-to-explain' theory of news.

The Guardian - Books

In most instances, especially to those voiced frames, the energy of speech sparser than noise, namely the absolute of DFT coefficients of noise (except periodic noise) (This paper takes no account of periodic noise)., is more balanced than that of the speech because those voiced frames are quasi-periodic in time domain and robust in noisy environments [21].

EURASIP Journal on Advances in Signal Processing

We hope that the end result is a balanced account of what is currently known about nature of phenotypic responses to climate change.

Evolutionary Applications

Expert writing Tips

Best practice

When discussing financial reports or audits, ensure that you explicitly state that "account is balanced" only after verifying all transactions and entries. This adds credibility to your statement.

Common error

Avoid assuming that "account is balanced" implies a surplus. It simply means debits and credits are equal, not necessarily that there's profit. Clarify the actual financial outcome separately.

Linguistic Context

The phrase "account is balanced" functions as a statement of financial equilibrium. As Ludwig AI confirms, it indicates that the debits and credits in a financial account are equal. Examples show it used in contexts of financial audits and reporting.

Expression frequency: Rare

Frequent in

News & Media

50%

Science

50%

Formal & Business

0%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, the phrase "account is balanced" is a grammatically correct and usable expression, primarily employed to indicate financial equilibrium where debits equal credits. Ludwig AI confirms its correctness. While its occurrence is relatively rare, the phrase is found in contexts related to finance and accounting, often within neutral or formal registers in the News & Media and Scientific domains. When using this phrase, ensure that it's grounded in verified data and that you clarify the specific financial outcome, as "balanced" doesn't necessarily imply a surplus. Related expressions, like "the books are balanced", or "the finances are reconciled", offer alternative ways to convey this state of financial accuracy.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

the books are balanced

Replaces "account" with "books", emphasizing the overall financial records being in equilibrium.

the ledger is balanced

Substitutes "account" with "ledger", a more formal term for financial records.

the finances are reconciled

Uses "finances" instead of "account", and "reconciled" instead of "balanced", focusing on the process of ensuring agreement.

the financial records are in order

Emphasizes the organized and correct state of the financial documentation, rather than the equilibrium of an account.

the balance is zero

Highlights the specific numerical outcome of the account being balanced, focusing on a zero balance.

the credits equal the debits

Uses accounting terminology to specify how the account achieves balance.

the accounting is settled

Focuses on the completion of the accounting process, implying a state of balance.

the figures are aligned

Suggests that all financial figures are in agreement and properly accounted for.

the financial position is stable

Shifts the focus to the overall stability implied by a balanced account.

the books are square

An idiomatic expression meaning the financial records are accurately balanced.

FAQs

How can I use "account is balanced" in a sentence?

You can use "account is balanced" to confirm that the total debits and credits are equal, for example: "After a thorough audit, we can confirm that the "account is balanced"."

What does it mean when an account is described as "balanced"?

When an account is "balanced", it means that the total of all debits equals the total of all credits. This indicates that the accounting equation (Assets = Liabilities + Equity) is in equilibrium.

What's the difference between "account is balanced" and "account is reconciled"?

"Account is balanced" indicates that debits equal credits, while "account is reconciled" means that the recorded transactions match external records, such as bank statements.

What can I say instead of "account is balanced"?

Alternatives include "the books are balanced", "the ledger is balanced", or "the finances are reconciled", depending on the specific context.