diff --git a/hledger/Hledger/Cli/Commands/Balance.hs b/hledger/Hledger/Cli/Commands/Balance.hs
index 7fb25c142..1900bd98b 100644
--- a/hledger/Hledger/Cli/Commands/Balance.hs
+++ b/hledger/Hledger/Cli/Commands/Balance.hs
@@ -577,10 +577,10 @@ multiBalanceReportHtmlHeadRow ropts (acct:cells) =
   let
     defstyle = style_ ""
     (amts,tot,avg)
-      | row_total_ ropts && average_ ropts = (ini2, sndlst2, lst2)
-      | row_total_ ropts                   = (ini1, lst1,    [])
-      |                     average_ ropts = (ini1, [],      lst1)
-      | otherwise                          = (amts, [],      [])
+      | row_total_ ropts && average_ ropts = (ini2,  sndlst2, lst2)
+      | row_total_ ropts                   = (ini1,  lst1,    [])
+      |                     average_ ropts = (ini1,  [],      lst1)
+      | otherwise                          = (cells, [],      [])
       where
         n = length cells
         (ini1,lst1)    = splitAt (n-1) cells
@@ -601,10 +601,10 @@ multiBalanceReportHtmlBodyRow ropts (label:cells) =
   let
     defstyle = style_ "text-align:right"
     (amts,tot,avg)
-      | row_total_ ropts && average_ ropts = (ini2, sndlst2, lst2)
-      | row_total_ ropts                   = (ini1, lst1,    [])
-      |                     average_ ropts = (ini1, [],      lst1)
-      | otherwise                          = (amts, [],      [])
+      | row_total_ ropts && average_ ropts = (ini2,  sndlst2, lst2)
+      | row_total_ ropts                   = (ini1,  lst1,    [])
+      |                     average_ ropts = (ini1,  [],      lst1)
+      | otherwise                          = (cells, [],      [])
       where
         n = length cells
         (ini1,lst1)    = splitAt (n-1) cells
@@ -630,10 +630,10 @@ multiBalanceReportHtmlFootRow ropts (acct:cells) =
   let
     defstyle = style_ "text-align:right"
     (amts,tot,avg)
-      | row_total_ ropts && average_ ropts = (ini2, sndlst2, lst2)
-      | row_total_ ropts                   = (ini1, lst1,    [])
-      |                     average_ ropts = (ini1, [],      lst1)
-      | otherwise                          = (amts, [],      [])
+      | row_total_ ropts && average_ ropts = (ini2,  sndlst2, lst2)
+      | row_total_ ropts                   = (ini1,  lst1,    [])
+      |                     average_ ropts = (ini1,  [],      lst1)
+      | otherwise                          = (cells, [],      [])
       where
         n = length cells
         (ini1,lst1)    = splitAt (n-1) cells
diff --git a/hledger/test/balance/balance.test b/hledger/test/balance/balance.test
index e3828f1b4..2972437ad 100644
--- a/hledger/test/balance/balance.test
+++ b/hledger/test/balance/balance.test
@@ -195,7 +195,13 @@ account b
 $ hledger -f - balance -NE --declared not:a
                    0  b
 
-# 13. An empty totals column does not break HTML output (#1933).
+# 13. An empty periodic report in HTML output does not break.
 <
-$ hledger -f- bal -YT -O html
+$ hledger -f- bal -M -O html
 > //
+
+# 14. An empty totals column in HTML output does not break (#1933).
+<
+$ hledger -f- bal -MT -O html
+> //
+