English Dictionary

TRIAL BALANCE

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IPA (US): 

 Dictionary entry overview: What does trial balance mean? 

TRIAL BALANCE (noun)
  The noun TRIAL BALANCE has 1 sense:

1. a balance of debits and credits in double-entry bookkeeping; drawn up to test their equalityplay

  Familiarity information: TRIAL BALANCE used as a noun is very rare.


 Dictionary entry details 


TRIAL BALANCE (noun)


Sense 1

Meaning:

A balance of debits and credits in double-entry bookkeeping; drawn up to test their equality

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("trial balance" is a kind of...):

balance (equality between the totals of the credit and debit sides of an account)


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