How do you balance a ledger account?

To balance a ledger account, start by ensuring that all transactions are accurately recorded, including debits and credits. Next, total the debits and credits for the account, and then subtract the smaller total from the larger one to find the balance. The resulting figure should be recorded in the account, reflecting either a debit or credit balance. Finally, cross-verify with supporting documents and ensure that the overall ledger remains in equilibrium with the accounting equation.