Assertion: ledger's account | /r/HasAspect | a zero balance
Facets:
value: at the close of business
type: TEMPORAL
Source sentences:
text: Accounting laws in some countries mean that general ledger accounts should have a zero balance at the close of business since these accounts are pass-through accounts and no debits or credits can permanently impact the balance of the general ledger account.
text: After you make closing entries, all revenue and expense accounts will have a zero balance.