trial balance

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noun Bookkeeping.

a statement of all the open debit and credit items, made preliminary to balancing a double-entry ledger.

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Origin of trial balance

First recorded in 1830–40

Words nearby trial balance

triadelphous, triadic, triage, trial, trial and error, trial balance, trial balloon, trial by battle, trial by fire, trial court, trial examiner

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

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. Lutz
Such a list is called a trial balance, an example of which is given below.
Encyclopaedia Britannica, 11th Edition, Volume 4, Slice 2|Various
Taking the trial balance shown above, the following represent the trading account, profit and loss account, Balance sheet.
Encyclopaedia Britannica, 11th Edition, Volume 4, Slice 2|Various
A glance at the trial balance reveals scarcely a trace of expense, the small undistributed balances only remaining.
Cyclopedia of Commerce, Accountancy, Business Administration v. 2|Various

The trial balance shows but one item of general expense—the distribution account.
Cyclopedia of Commerce, Accountancy, Business Administration v. 2|Various

British Dictionary definitions for trial balance

trial balance

noun

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