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trial balance
noun
, Bookkeeping.
- a statement of all the open debit and credit items, made preliminary to balancing a double-entry ledger.
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
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Word History and Origins
Origin of trial balance1
First recorded in 1830–40
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Example Sentences
Understanding of debit and credit, posting, and trial balance, is the maximum practical need of the younger workers.
From Project Gutenberg
Such a list is called a trial balance, an example of which is given below.
From Project Gutenberg
Taking the trial balance shown above, the following represent the trading account, profit and loss account, Balance sheet.
From Project Gutenberg
A glance at the trial balance reveals scarcely a trace of expense, the small undistributed balances only remaining.
From Project Gutenberg
The trial balance shows but one item of general expense—the distribution account.
From Project Gutenberg
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