trial balance


noun Bookkeeping.

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

Nearby words

  1. triad syndrome,
  2. triadelphous,
  3. triage,
  4. trial,
  5. trial and error,
  6. trial balloon,
  7. trial by battle,
  8. trial by fire,
  9. trial court,
  10. trial denture

Origin of trial balance

First recorded in 1830–40

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019


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