Yes this can be confusing, here's some more context:

- http://ledger-cli.org/3.0/doc/ledger3.html#Balance-verification
- http://hledger.org/MANUAL.html#balance-assertions

and for some examples there's the included functional tests.

Balance assertions are desirable to provide extra "compile-time guarantees" 
about the correctness of your data, since *ledger is so permissive. They help 
you avoid messing up balances while editing.

Balance assignment/resetting is something most people would rarely use. I can 
see it is occasionally useful to be able to specify an account's balance in 
absolute terms though.

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