Canadian English Meaning of trial balance
trial balance
Other Canadian English words related to trial balance
No Synonyms and anytonyms found
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Definitions and Meaning of trial balance in English
trial balance (n)
a balance of debits and credits in double-entry bookkeeping; drawn up to test their equality
trial balance ()
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.
FAQs About the word trial balance
trial balance
a balance of debits and credits in double-entry bookkeeping; drawn up to test their equalityThe testing of a ledger to discover whether the debits and credits b
No synonyms found.
No antonyms found.
trial attorney => Trial lawyer, trial and error => Trial and error, trial => trial, triakisoctahedron => Triakis octahedron, triakidae => Triakidae,
