trial balance
Definition
In double entry bookkeeping, aggregate of all debit and credit balances at the end of an accounting period that (1) shows if the general ledger is in balance (total debits equal total credits) before making closing entries, (2) serves as a worksheet for making closing entries, and (3) provides the basis for making draft financial statements.
trial balance is in the Accounting & Auditing subject.
trial balance appears in the definitions of the following terms: worksheet, accounting cycle and post closing trial balance
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