Meaning Of The Word Trial balance
What's the definition of Trial balance? Find Trial balance meanings, definitions and more at the Real Dictionary online.
Trial balance Meaning
| Trial balance Definition |
|---|
What's The Definition Of Trial balance?
trial balance in Accounting
noun: A trial balance is a statement of all the credits and debits in a double entry accounting system, created in order to test that they are equal. trial balance in American English a statement of the debit and credit balances of all open accounts in a double-entry bookkeeping ledger to test their equality noun: a statement of all the open debit and credit items, made preliminary to balancing a double-entry ledger trial balance in British English noun: a statement of all the debit and credit balances in the ledger of a double-entry system, drawn up to test their equality |
More Definitions
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Definitions Of The Day
- Measle ‐ to infect with…
- Tersanctus ‐ noun; noun: a song of the early church hailing…
- Chicago Board of Trade ‐ noun: a major exchange in the United States that…
- Irremissive ‐ adjective: unremitting or…
- Mast cloth ‐ noun: a partial lining sewed to the back of a…
- Privity ‐ private or secret knowledge, as shared between…
- Shadow bands ‐ noun: slow-moving waves of light and dark observed…
- Dinothere ‐ any of a genus (Dinotherium, order Proboscidea)…
- Anabasis ‐ the unsuccessful military expedition (401-400…
- Honey bucket ‐ a bucket or container for human body waste, used…