Closing Balance in a sentence
Synonym: final balance. Antonym: opening balance
Meaning: The amount of money in an account at the end of a period.
(1) The closing balance on my phone bill was $50.
(2) The closing balance on my water bill was $30.
(3) The closing balance on my cable bill was $80.
(4) The closing balance of my bank account is $500.
(5) The closing balance on my utility bill was $100.
(6) The closing balance on my medical bill was $200.
(7) The closing balance on my electricity bill was $75.
(8) The closing balance on my rent statement was $1,000.
(9) The closing balance on my insurance premium was $500.
(10) Please provide the closing balance for the month of June.
Closing Balance sentence
(11) The closing balance on my car loan statement was $15,000.
(12) The closing balance on my credit card is due in two weeks.
(13) The closing balance on my mortgage statement was $200,000.
(14) I forgot to check the closing balance on my expense report.
(15) The closing balance on my tax return shows a refund is due.
(16) The closing balance on my bank statement matches my records.
(17) The closing balance on my bank statement matched my records.
(18) The closing balance on my student loan statement was $10,000.
(19) The closing balance on my student loan is steadily decreasing.
(20) I need to update the closing balance on my budget spreadsheet.
Closing Balance make sentence
(21) I need to know the closing balance on my investment portfolio.
(22) I need to reconcile my closing balance with my monthly budget.
(23) I need to review the closing balance on my mortgage statement.
(24) I need to reconcile the closing balance on my business account.
(25) I was surprised to see a high closing balance on my phone bill.
(26) The closing balance on my utility bill was lower than expected.
(27) I need to check the closing balance on my credit card statement.
(28) The closing balance on my PayPal account is lower than expected.
(29) I need to double-check the closing balance on my loan statement.
(30) I need to update my records with the closing balance on my loan.
Sentence of closing balance
(31) I need to transfer funds to cover the closing balance on my loan.
(32) I need to double-check the closing balance on my rental property.
(33) I received a notification about my closing balance being overdue.
(34) I need to make a payment to cover the closing balance on my loan.
(35) I need to review the closing balance on my monthly expense report.
(36) We need to reconcile the opening balance with the closing balance.
(37) The closing balance on my retirement fund has grown over the years.
(38) I received a reminder about the closing balance on my rent payment.
(39) The closing balance on my investment account is at an all-time high.
(40) I was pleased to see a high closing balance on my brokerage account.
Closing Balance meaningful sentence
(41) I received a notice about the closing balance on my membership dues.
(42) The closing balance on my mortgage statement is higher than expected.
(43) The closing balance on my utility bill is due by the end of the month.
(44) I was worried to see a low closing balance on my investment portfolio.
(45) The closing balance on my utility bill was due by the end of the month.
(46) I need to check my closing balance before making any further purchases.
(47) The closing balance on my insurance policy has increased due to a claim.
(48) Please ensure that your closing balance is paid in full by the due date.
(49) I was shocked to see a zero closing balance on my credit card statement.
(50) I was surprised to see a negative closing balance on my savings account.
Closing Balance sentence examples
(51) I was relieved to see a positive closing balance on my business account.
(52) I need to transfer funds to cover the closing balance on my credit card.
(53) I was relieved to see a zero closing balance on my outstanding invoices.
(54) I was surprised to see a negative closing balance on my checking account.
(55) The closing balance on my business loan is due at the end of the quarter.
(56) The closing balance on my credit card statement was higher than expected.
(57) The closing balance on my credit card statement includes interest charges.
(58) I was relieved to see a positive closing balance on my retirement account.
(59) The closing balance on my investment portfolio has increased significantly.
(60) I checked my bank account and the closing balance was higher than expected.
Sentence with closing balance
(61) I received a statement showing the closing balance on my investment account.
(62) The closing balance on my investment portfolio showed a significant increase.
(63) The closing balance on my credit card indicated that I had exceeded my limit.
(64) The closing balance on my insurance premium was due by the end of the quarter.
(65) The closing balance on my retirement account is subject to market fluctuations.
(66) The closing balance on my business account reflected the recent sales activity.
(67) The closing balance on my car loan showed that I had paid off a significant portion.
(68) The closing balance on my mortgage statement showed an increase in interest charges.
(69) The closing balance on my retirement account reflected the recent market fluctuations.
(70) The closing balance on my credit card statement included several unauthorized charges.
Use closing balance in a sentence
(71) The closing balance on my mortgage statement showed a decrease in the principal amount.
(72) Please ensure that you have sufficient funds to cover the closing balance on your account.
(73) I need to review the closing balance on my investment portfolio with my financial advisor.
(74) The closing balance on my loan account indicated that I had paid off a significant portion.
(75) I need to double-check the closing balance on my savings account before making a withdrawal.
(76) The closing balance on my student loan account indicated that I had made progress in repayment.
Closing Balance meaning
Closing balance refers to the amount of money remaining in a financial account at the end of a specific period, such as a month, quarter, or year. It is an essential concept in accounting and finance as it provides a snapshot of the financial position of an individual or organization at a given point in time. To effectively use the term "closing balance" in a sentence, consider the following tips:
1. Define the context: Before using the term "closing balance" in a sentence, it is crucial to establish the context in which it is being used. Specify whether you are referring to a personal bank account, a business account, or any other financial account. Example: "After reviewing my personal bank statement, I noticed that the closing balance for the month of June was significantly higher than the previous month."
2. Be specific about the time period: When mentioning the closing balance, it is important to specify the time period to provide clarity and avoid confusion. This could be a specific date, month, quarter, or year. Example: "The closing balance on December 31st, 2021, indicated a healthy financial position for the company going into the new year."
3. Include relevant details: To enhance the understanding of the closing balance, include any relevant details that may be important for the reader or listener to know. This could include any transactions, interest earned, or outstanding payments. Example: "After deducting all expenses and accounting for the interest earned, the closing balance on my credit card statement showed a remaining balance of $500."
4. Use it in a comparative context: To highlight changes or trends in the financial position, consider using the closing balance in a comparative context. This can help emphasize growth, decline, or stability. Example: "Despite a challenging economic climate, the company's closing balance for the second quarter of 2021 increased by 15% compared to the same period last year."
5. Connect it to financial goals or objectives: When discussing the closing balance, you can relate it to financial goals or objectives to emphasize its significance. This can help convey the importance of monitoring and managing one's finances effectively. Example: "By consistently tracking and analyzing the closing balance, individuals can ensure they are on track to achieve their long-term financial goals, such as saving for retirement or purchasing a home."
6. Consider the audience: When using the term "closing balance" in a sentence, consider the level of financial knowledge of your audience. If they are unfamiliar with the term, provide a brief explanation or use simpler language to ensure comprehension. Example: "The closing balance, which is the remaining amount in your account after all transactions have been accounted for, is a key indicator of your financial health."
In conclusion, effectively using the term "closing balance" in a sentence requires providing context, specifying the time period, including relevant details, using comparative language, connecting it to financial goals, and considering the audience's level of financial knowledge. By following these tips, you can ensure clear and concise communication when discussing closing balances in various financial contexts.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Closing Balance. They do not represent the opinions of TranslateEN.com.