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单词 opening balance
释义

Definition of opening balance in English:

opening balance

noun
  • 1The amount of money in a bank account when it is opened.

    there is a $25 minimum opening balance
    Example sentencesExamples
    • This flexible account has no set term and no minimum opening balance or deposit, plus no account-keeping fees.
    • Simply check the required opening balance per account, see which your club or society is eligible for, then compare rates.
    • Setting up an account is usually as easy as downloading the application forms, signing them, and folding them nicely into an envelope with a cheque to provide an opening balance to your account.
    • Personal accounts require a minimum opening balance of €1,000, while the business account requires a minimum of €10,000.
    • Its easy-access account comes with a minimum opening balance of £100.
    • Minimum opening balances were in the thousands of dollars just a few years ago, but nowadays you can open an account most places with just a few hundred dollars.
    • A savings account for university fund will generally accept higher opening balances.
    • The bank's easy-access ISA pays 2.50 per cent, but you must have an opening balance of at least £2,500.
    • It is well worth considering this ISA which pays 0.35 per cent more, with a far lower opening balance.
    • The top deals pay between 1.9 and 2.5 per cent, but all have hurdles, ranging from current ISA savers only, to high opening balances.
  • 2The amount of money in a company's account that is brought forward at the start of an accounting period.

    a statement shows the opening balance at just $27,000
    Example sentencesExamples
    • One faked statement provided to investors for the first quarter of 2010 showed an opening balance of over $2.3 million.
    • Normally when preparing a cash flow, any Retained Profit will be allowed for and shown in opening balance, if it is held as cash.
    • With such a very comfortable opening balance for 2012–13, it is clear that the country will need to continue to export substantial quantity of sugar next year also.
    • The plan fund of the corporation for 2002–03 included the opening balance of the previous year.
    • The total income for 2003 including the opening balance was in excess of €144,000.
    • Please ensure that you maintain separate accounting to track your opening balances, transactions, and closing balances for each asset and account.
    • They have prepared the attached notice including a preliminary opening balance sheet and a valuation summary.
    • She presented the meeting with her financial report and she informed the meeting that the council had an opening balance of approx. €6,000 at the start of the year.
    • One of the things that happen when you do your opening balance sheet is you write off all the deferred acquisition costs for the acquired company.
    • The administration must account for a $154 million reduction in the opening balance of this year's budget.
 
 

Definition of opening balance in US English:

opening balance

noun
  • 1The amount of money in a bank account when it is opened.

    there is a $25 minimum opening balance
    Example sentencesExamples
    • A savings account for university fund will generally accept higher opening balances.
    • The top deals pay between 1.9 and 2.5 per cent, but all have hurdles, ranging from current ISA savers only, to high opening balances.
    • Its easy-access account comes with a minimum opening balance of £100.
    • It is well worth considering this ISA which pays 0.35 per cent more, with a far lower opening balance.
    • Simply check the required opening balance per account, see which your club or society is eligible for, then compare rates.
    • Setting up an account is usually as easy as downloading the application forms, signing them, and folding them nicely into an envelope with a cheque to provide an opening balance to your account.
    • Personal accounts require a minimum opening balance of €1,000, while the business account requires a minimum of €10,000.
    • Minimum opening balances were in the thousands of dollars just a few years ago, but nowadays you can open an account most places with just a few hundred dollars.
    • The bank's easy-access ISA pays 2.50 per cent, but you must have an opening balance of at least £2,500.
    • This flexible account has no set term and no minimum opening balance or deposit, plus no account-keeping fees.
  • 2The amount of money in a company's account that is brought forward at the start of an accounting period.

    a statement shows the opening balance at just $27,000
    Example sentencesExamples
    • One of the things that happen when you do your opening balance sheet is you write off all the deferred acquisition costs for the acquired company.
    • The total income for 2003 including the opening balance was in excess of €144,000.
    • They have prepared the attached notice including a preliminary opening balance sheet and a valuation summary.
    • The administration must account for a $154 million reduction in the opening balance of this year's budget.
    • With such a very comfortable opening balance for 2012–13, it is clear that the country will need to continue to export substantial quantity of sugar next year also.
    • Normally when preparing a cash flow, any Retained Profit will be allowed for and shown in opening balance, if it is held as cash.
    • Please ensure that you maintain separate accounting to track your opening balances, transactions, and closing balances for each asset and account.
    • She presented the meeting with her financial report and she informed the meeting that the council had an opening balance of approx. €6,000 at the start of the year.
    • One faked statement provided to investors for the first quarter of 2010 showed an opening balance of over $2.3 million.
    • The plan fund of the corporation for 2002–03 included the opening balance of the previous year.
 
 
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更新时间:2024/9/22 20:32:16