Final answer:
To determine if transactions are balanced on an equation analysis sheet, count the number of elements or atoms, adjust coefficients for balance, verify the balance, and ensure coefficients are at the lowest ratio. For financial transactions, sum columns for Exports, Imports, and Balance to find the account balance. Check for charge balance in chemical equations.
Step-by-step explanation:
To determine if the changes for the transaction recorded on an equation analysis sheet are balanced, you need to follow several steps. First, count the number of atoms or elements in the reactants and products (Step 3). If the equation is not balanced, adjust the coefficients of the molecules so that the number of atoms of each element on both sides of the equation balance (Step 4).
Once you believe you have balanced the equation, check that all the atoms balance by verifying their count again (Step 5). It is important that the coefficients of the molecules are in the lowest possible ratio for the equation to be truly balanced. If you find yourself using very large coefficients or struggling for a long time, revisit the formula to ensure it has been written correctly (Balancing equations hint).
In the context of financial transactions such as Exports, Imports, and Balance as suggested in Step 10. Now, you should sum up your columns for each, and the final balance number will reflect the current account balance. This summing up will ensure that the transactions are balanced financially.
In case of chemical equations, remember to consider the charges as well, to ensure that the equation is not only atomically but also charge balanced, as a consistent check on your balancing process (Step 6).