What is another word for balanced account?
Pronunciation: [bˈalənst ɐkˈa͡ʊnt] (IPA) 
A balanced account is a representation of financial stability and accuracy. It reflects a state where the amounts of debits and credits are equal, ensuring that all the financial transactions have been recorded accurately. Synonyms for balanced account could include well-proportioned record, equitable ledger, even balance sheet, and just accounting. A balanced account is essential for ensuring that businesses and individuals can make informed financial decisions. It provides accurate information about the financial health of an organization or an individual. Maintaining a balanced account involves meticulous bookkeeping and accounting practices, ensuring accuracy in record-keeping, and maintaining compliance with regulatory requirements. A balanced account is a critical element of financial planning, budgeting, and forecasting, enabling individuals and organizations to achieve their financial objectives.
