balance general
/balanθe xeneɾal/from spelling rules
The English phrase 'balance sheet' is translated into Spanish as balance general.
The term balance general is used to describe a summary of assets, liabilities and equity. It is important to distinguish this from a trial balance, which is called a balance de comprobación.
Meaning: summary of assets, liabilities and equity (noun)
Which one should you use?
While balance general is a common term, balance de situación is a more technical and formal synonym used specifically within accounting contexts. Additionally, Estado de Situación Financiera serves as a formal way to express 'balance sheet'.
How does it change in a sentence?
To form the plural for 'balance sheets', change both the noun and the adjective to their plural forms: balances generales.
How do you pronounce it?
/balanθe xeneɾal/
Did you know?
- In common Spanish usage, saying hacer un balance can mean to reflect on one's life or a specific period of time to decide what went well and what did not.
- The term balance is used in Spanish sports commentary to describe a team's overall record or performance review at the end of a season.
- In some contexts, the word balance in Spanish can also refer to a physical weighing scale, which preserves the ancient connection between the concept of equilibrium and measurement.
Examples in context
- Necesito revisar el estado de situación financiera de la empresa.I need to review the balance sheet of the company.
- ¿Puedes enviarme la hoja de balance actualizada?Can you send me the updated balance sheet?
- La presentación incluirá un resumen de finanzas que abarcará la hoja de balance.The presentation will include a financial summary that will cover the balance sheet.
- Necesito revisar el balance general de la empresa.I need to review the company's balance sheet.
- El balance general muestra una deuda alta.The balance sheet shows a high debt.
- ¿Dónde está el balance general del año pasado?Where is last year's balance sheet?
Example conversation
Daniel and Lucía are discussing financial documents in an office.
- DanielLucía, ¿tienes el balance general a mano?Lucía, do you have the balance sheet at hand?
- LucíaSí, lo tengo en mi ordenador.Yes, I have it on my computer.
- DanielPerfecto, quiero analizar los activos hoy.Perfect, I want to analyze the assets today.
- LucíaTe lo envío por correo ahora mismo.I will send it to you by email right now.
Sources
- IPA marked “from spelling rules” is derived from standard Spanish spelling, where Wiktionary gives none.