Also found in: Thesaurus, Financial, Acronyms, Wikipedia.
Related to trial balance: balance sheet
A statement of all the open debit and credit items in a double-entry ledger, made to test their equality.
(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
(in bookkeeping) a statement of open debit and credit items, made before balancing a double-entry ledger.