Examples
Examples
Try the starting example
- Accounts: name, opening debit $, opening credit $, period debits $, period credits $
- Cash,1000,0,500,200 Loan,0,1000,0,100 Income,0,0,0,200
- Closing signed debit balance by account ($)
- Cash: 1300.00; Loan: -1100.00; Income: -200.00
- Total closing debit balances ($)
- $1,300.00
- Total closing credit balances ($)
- $1,300.00
- Debits minus credits ($)
- $0.00
Try another scenario
- Accounts: name, opening debit $, opening credit $, period debits $, period credits $
- Cash,1000,0,400,200 Loan,0,1000,0,100 Income,0,0,0,200
- Closing signed debit balance by account ($)
- Cash: 1200.00; Loan: -1100.00; Income: -200.00
- Total closing debit balances ($)
- $1,200.00
- Total closing credit balances ($)
- $1,300.00
- Debits minus credits ($)
- -$100.00
Calculation method
Calculation method
Closing signed debit balance by account ($)
Opening debit−opening credit+period debits−period credits.
Total closing debit balances ($)
Sum positive closing signed balances.
Total closing credit balances ($)
Sum magnitudes of negative closing signed balances.
Debits minus credits ($)
Closing debit total−closing credit total; zero is an arithmetic balance, not proof of correct classification.
Symbols and units
- a
- Accounts: name, opening debit $, opening credit $, period debits $, period credits $
Use the units shown. A list keeps the order in which you enter its values. The symbol ^ means “raised to the power of”.
Assumptions & limits
Assumptions & limits
- A signed trial-balance movement check. A balanced result can still contain omissions, duplicate entries and classification errors; no journals or account mappings are inferred.
Are these inputs private?
These calculations run in your browser. A shared link contains the values you choose to share. Only questions submitted to the separate AI finder are sent to OpenAI.
Further reading
OpenStax: financial-accounting model background ↗
Background reading; this does not imply endorsement or independent review of SumFizz.