trial balance (plural trial balances)
- (accounting) A statement of the balances of all nominal accounts in a double-entry ledger, made to test their equality. The total value of the debits should equal the total of the credits any difference indicates that an error has been made.
statement of balances
- “trial balance” in Dictionary.com Unabridged, v1.1, Lexico Publishing Group, 2006.
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