General equalization

We discussed in the latest articles the main topic Balance sheet with its details and so we go on
General equalization a term is used always by accountants to achieve balance to the require sheet
and it's originally Like A,B,C etc. when learning English language.
thus before we go on explaining the general equalization we should know what's Balance sheet (budget) and Its phases?
Balance sheet is statement for recording brief transaction of an enterprise to provide more financial information
concerning to the enterprise for the other directions in the society .
Accountants in the past specially in the nineteen century in Italy invented designation for the phases of Accounting Cycle
but we can't mention it in one article. So we can say that they make design for the General ledger, balance sheet,
assistant ledger and journal
to look like the letter T include two sides debit and credit and have to be balanced,
then followed by FASB and AICPA in acknowledgment of that
In this way the General Equalization considered one of the main accounting essentials that's mean in detailed manner
the journal entry debit and credit have to balanced , The general ledger have to balanced , the trial balance with its types
the total trial balance and net trial balance have to balanced , at the last the balance sheet
with its two side of the T Assets & Liabilities ,This manner benefit us with its easiness .
Although that fact.., Presently They figured new style of recording data transactions So-called American manner
not going in details but we focus in one aspect ,the balance sheet
in difference way they don't balance the two sides of the Balance sheet as it was previously ,but they apply some equation seem as :

* The Invested Capital = Fixed Assets + Invested Capital A
* The labored Capital = Current Assets - Current Liabilities
* The Invested Capital = Owner's equity + Long-term liabilities B
So that avoid mistakes in the old manner, this tactical equation must be balanced I mean that (A) = (B) and that's more related to the framework of accounting double entry method (will discuss it in another article )
Well , now we can say that General equalization is the main balance of all aspects of Accounting Cycle

Best hopes,
Mostafa