trial balance









trial balance


trial balance Word Origin noun Bookkeeping.

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

Origin of trial balance First recorded in 1830–40 British Dictionary definitions for trial balance trial balance noun

  1. 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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