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 |
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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 |
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