what is an account balance 
an account balance is the amount of money in a financial repository such as a savings or checking account the account balance factors all debits and credits an account balance is also evident on billing statements for credit cards utilities and loans calculating account balancesan account balance reflects total assets minus total liabilities in banking the account balance is the money available in a checking or savings account the account balance is the net amount available after all deposits and credits have been balanced with any charges or debits for investments in brokerage accounts an account balance can change daily as security prices rise and fall in the market other accounts have an account balance such as a utility bill or a mortgage loan the account balance for these accounts shows the amount owed a bank account balance can be inaccurate if a check has yet to clear the bank or a pending transaction has not yet gone through examples of account balancesfor a credit card various purchases may include 100 50 and 25 and a returned item that costs 10 the account balance includes the purchases which total 175 and the item returned for 10 the net of the debits and credits is 165 or 175 minus 10 which is the account balance for a checking account if the starting balance is 500 and a check is received for 1 500 but an automatic payment is scheduled for 750 the account balance might show 2 000 immediately but the account balance is 1 250 account balance vs available creditfor credit cards account balances represent the total amount of debt owed at the start of the statement date and include any debt rolled over from previous months with interest charges available credit is the term used alongside the account balance to indicate how much of the credit line is left to spend 