In accounting, this refers to the balance or the amount within an account on a certain date or over a certain period of time. For example, the balance in the accounts receivables or accounts payable accounts at the end of one calendar month.
In accounting, this refers to the balance or the amount within an account on a certain date or over a certain period of time. For example, the balance in the accounts receivables or accounts payable accounts at the end of one calendar month.