trial balance
noun [C, usually singular] (abbreviation t.b.) ACCOUNTINGDefinition
› in double-entry bookkeeping, the act of adding the credit and debit columns of all accounts to check that they are equal in order to show that the accounts are correct: The trial balance will fail to balance if both aspects of a transaction are not recorded.
(Definition of trial balance noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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