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
- Thysanopteron ‐ noun
- Iwis ‐ certainly; assuredly; adverb; adverb:…
- To the good ‐ as a profit, benefit, or advantage; generally…
- Dopamine release ‐ a chemical found in the brain that acts as a neurotransmitter…
- Increaseful ‐ adjective: full of increase…
- Command ‐ to give an order or orders to; direct with authority…
- About-face ‐ a sharp turn to the opposite direction, esp. in…
- Natatorium ‐ a swimming pool, esp. one indoors; noun: a swimming…
- Western Reserve ‐ section of the Northwest Territory, on Lake Erie:…
- Camphine ‐ noun: rectified oil of…