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Raretrial balance
The correct spelling is trial balance.
How to pronounce trial balance
noun
Say it like: Tria-l b-ala-nse
The correct spelling is trial balance. 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 an…
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Definition
noun
- 1.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.
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