Question

what is meaning of balance of an account

Answer 1

it means if both the sides of an account that is debit side and credit side are equal then they are said to be balanced

Answer 2

$\huge\boxed{\underline{\mathcal{\red{❥A}\green{N}\pink{S}\orange{W}\blue{E}\purple{R}}}}$

ɪɴ ʙᴀɴᴋɪɴɢ, ᴛʜᴇ ᴀᴄᴄᴏᴜɴᴛ ʙᴀʟᴀɴᴄᴇ ɪs ᴛʜᴇ ᴀᴍᴏᴜɴᴛ ᴏғ ᴍᴏɴᴇʏ ʏᴏᴜ ʜᴀᴠᴇ ᴀᴠᴀɪʟᴀʙʟᴇ ɪɴ ʏᴏᴜʀ ᴄʜᴇᴄᴋɪɴɢ ᴏʀ sᴀᴠɪɴɢs ᴀᴄᴄᴏᴜɴᴛ. ʏᴏᴜʀ ᴀᴄᴄᴏᴜɴᴛ ʙᴀʟᴀɴᴄᴇ ɪs ᴛʜᴇ ɴᴇᴛ ᴀᴍᴏᴜɴᴛ ᴀᴠᴀɪʟᴀʙʟᴇ ᴛᴏ ʏᴏᴜ ᴀғᴛᴇʀ ᴀʟʟ ᴅᴇᴘᴏsɪᴛs ᴀɴᴅ ᴄʀᴇᴅɪᴛs ʜᴀᴠᴇ ʙᴇᴇɴʙᴀʟᴀɴᴄᴇᴅ ᴡɪᴛʜ ᴀɴʏ ᴄʜᴀʀɢᴇs ᴏʀ ᴅᴇʙɪᴛs.