trial balance
a statement of all the open debit and credit items, made preliminary to balancing a double-entry ledger.
Origin of trial balance
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How to use trial balance in a sentence
Understanding of debit and credit, posting, and trial balance, is the maximum practical need of the younger workers.
Wage Earning and Education | R. R. LutzSuch a list is called a trial balance, an example of which is given below.
Taking the trial balance shown above, the following represent the trading account, profit and loss account, Balance sheet.
A glance at the trial balance reveals scarcely a trace of expense, the small undistributed balances only remaining.
The trial balance shows but one item of general expense—the distribution account.
British Dictionary definitions for trial balance
accounting a statement of all the debit and credit balances in the ledger of a double-entry system, drawn up to test their equality
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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