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The process of recording transactions , revenues and expenses on a company's books, and the reconciling thereof is called balancing.

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Related Questions

What is balancing a book on your head while walking called?

It's a common posture exercise.


What is it called when you are balancing something?

It is called spacial stasis, or iso-spacial maintenance that constantly needs feedback. As for Chemistry, chemical equations are forever in need of balancing; Accounting is the profession of balancing 'the Books'.


Is balancing chemical equations called chemolibrium?

No, balancing chemical equations is not called chemolibrium. Chemolibrium is not a recognized term in chemistry. Balancing chemical equations is the process of ensuring that the number of atoms of each element is the same on both sides of the equation.


What is balancing ledger book?

You can get a perfect answer with examples by clicking at the related link below.


Where did algebra word came from?

the word algebra is a latin wordIt comes from a book called Hidab al-jabr wal-muqubala(The Book of Restoration and Balancing) written by an Arab mathematician, Mohammed ibn-Musa al-Khowarizmi in Baghdad in the year 825.


In accounting what is balancing the accounts?

Its Rs 1000/- for a savings account with cheque book....Rs 500/- for savings account without a cheque book !


What is it called to make you checkbook balance agree with your bank statement balance?

It's called "balancing" your checkbook.


What are facts about Al Khwarizmi?

The word "algorithm" is based on his name, and his 830 book "The Compendious Book on Calculation by Completion and Balancing" gave the word "algebra."


What are some facts about Al-Khwarizmi?

The word "algorithm" is based on his name, and his 830 book "The Compendious Book on Calculation by Completion and Balancing" gave the word "algebra."


In The Great Gatsby what was miss baker balancing on her nose?

Miss Baker was balancing a light white evening dress on her nose in "The Great Gatsby." This scene is used to emphasize her nonchalant and carefree attitude.


Which language did algebra originate?

Algebra originated in Arabic (الجبر), with the book "The Compendious Book on Calculation by Completion and Balancing" (الكتاب المختصر في حساب الجبر والمقابلة).


What is the left side of a chemical equation called when you are balancing them?

Left side are the REACTANTS Right side are the PRODUCTS.

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