trial balance


Also found in: Thesaurus, Financial, Acronyms, Wikipedia.
Related to trial balance: balance sheet

trial balance

n.
A statement of all the open debit and credit items in a double-entry ledger, made to test their equality.

trial balance

n
(Accounting & Book-keeping) accounting a statement of all the debit and credit balances in the ledger of a double-entry system, drawn up to test their equality

tri′al bal′ance


n.
(in bookkeeping) a statement of open debit and credit items, made before balancing a double-entry ledger.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.trial balance - a balance of debits and credits in double-entry bookkeepingtrial balance - a balance of debits and credits in double-entry bookkeeping; drawn up to test their equality
balance - equality between the totals of the credit and debit sides of an account
Translations

trial balance

n (Comm) → bilancio di verifica
Mentioned in ?
References in periodicals archive ?
One perspective continues from Chapter 4, which illustrated the recording and posting of adjusting journal entries and concluded with an adjusted trial balance.
For example, tell them how XBRL could help exchange trial balance information with write-up software or aggregate information across different software applications.
1 include an automated browser-based data import engine that enables the uploading of financial information from any end-user accounting software, as well as from CPA trial balance systems.
Frequently, people enter in the balance by customer and forget to enter in the Trial Balance.
ProSystem fx Trial Balance - A comprehensive, traditional trial balance system.
The new automapping feature fully automates the planning process by,allowing you to import your trial balance from an accounting package and by creating combinations and relationships.
General ledger and trial balance software can import data directly into return processing software.
For example, supplemental programs can expedite data input by uploading it from a corporate general ledger or trial balance.
Customized statements and reports can be exported to ProSystem fx Engagement and Trial Balance, and PDFs of statements and reports can be uploaded into ProSystem fx Document.
It can be used to standardize anything from entries, transactions, and documents up to subledgers, ledgers, trial balance, and the links between all these and multiple types of end reports, both internal and external.
Adjusted trial balance: Trial balance that includes adjusting journal entries.