trial balance
noun
: a list of the debit and credit balances of accounts in a double-entry ledger at a given date prepared primarily to test their equality
Examples of trial balance in a Sentence
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There was no bank record or trial balance that could be used to verify that Sloan’s total assets exceeded the $5,000 net capital requirement for broker-dealers at the time.
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J.c. Hallman, The New Republic, 11 June 2020
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J.c. Hallman, The New Republic, 11 June 2020
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“Trial balance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/trial%20balance. Accessed 8 Nov. 2024.
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