About The Word Trial balance
Learn about the word Trial balance to help solve your crossword puzzle. Discover Trial balance definitions and meaning, origins, synonyms, related terms and more at the free Crossword Dictionary.
Trial balance
Trial balance Definition And Meaning |
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What's The Definition Of Trial balance?
[n] a balance of debits and credits in double-entry bookkeeping; drawn up to test their equality
Synonyms | Synonyms for Trial balance: Related Terms | Find terms related to Trial balance: See Also | balance Trial balance In Webster's Dictionary \Tri"al bal`ance\ (Bookkeeping)
The testing of a ledger to discover whether the debits and
credits balance, by finding whether the sum of the personal
credits increased by the difference between the debit and
credit sums in the merchandise and other impersonal accounts
equals the sum of personal debits. The equality would not
show that the items were all correctly posted.
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