What is the meaning of Credit Balance?

BALANCE remaining after one of a series of bookkeeping entries. This amount represents a LIABILITY or income to the entity. (See BALANCE.).

Barry Goldsmith
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APABarry Goldsmith. (2010). credit balance. Retrieved September 20, 2026, from http://smartdefine.org/credit_balance/definitions/1151067
ChicagoBarry Goldsmith. 2010. "credit balance" http://smartdefine.org/credit_balance/definitions/1151067 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, credit balance, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/credit_balance/definitions/1151067>.
MLABarry Goldsmith. "credit balance" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/credit_balance/definitions/1151067>