balancing the books

  

Definition

Closing up of accounts at the end of an accounting period, by bringing the totals of their debit and credit sides into agreement, and thus to determine the profit or loss made during that period.

Related Videos




http://www.businessdictionary.com/definition/balancing-the-books.html

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z