trial balance

Definition from Wiktionary, the free dictionary
Jump to: navigation, search

English[edit]

Noun[edit]

trial balance (plural trial balances)

  1. (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]

References[edit]

  • trial balance” in Dictionary.com Unabridged, v1.1, Lexico Publishing Group, 2006.