What is Ledger Balance?
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A bank calculates a ledger balance at the end of a business day. The bank looks at both withdrawals and deposits within an account to determine the total money in a bank account. This balance is reflected as the opening balance the next morning and it remains the same throughout the day. It is the current balance in your account and is different from the available balance. Ledger Balance is used in banking and accounting for reconciling book balances.