trial balance
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English[edit]
Noun[edit]
trial balance (plural trial balances)
- (accounting) A statement of the balances of all nominal accounts in a double-entry ledger, made to test their equality. The total value of the debits should equal the total of the credits any difference indicates that an error has been made.
Translations[edit]
statement of balances
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References[edit]
- “trial balance”, in Dictionary.com Unabridged, Dictionary.com, LLC, 1995–present.