trial balance in English

noun
1
a statement of all debits and credits in a double-entry account book, with any disagreement indicating an error.
Drill down from the trial balance or any account to view source documents, double entries and allocations in every ledger.

Use "trial balance" in a sentence

Below are sample sentences containing the word "trial balance" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "trial balance", or refer to the context using the word "trial balance" in the English Dictionary.

1. Trial balance

2. Preparing a trial balance.

3. Trial balance to facilitate hotel accounting.

4. The trial balance can make the preparation of financial statements easier.

5. The trial balance is a useful accounting device despite its limitations.

6. Errors are easily made that prevent the trial balance from balancing.

7. The trial balance (accounts balance) is entered manually on a spreadsheet in summary form

8. This proof of equality of debit and credit balances is called a trial balance.

9. A third trial balance usually is taken after the closing entries have been posted.

10. We could easily develop a trial balance by posting our transactionsdirectly into the ledger journal altogether.

11. A suspense accountan account showing a balance equal to the difference in the trial balance totals.

12. Even if the trial balance does show total debits equal to total credits, there may be errors.

13. Opening balances in RL did not correctly reflect closing balances from the 2004-2005 simulated trial balance.

14. The hand-over report shall also contain the result of the trial balance and any reservations made.

15. The handing-over report shall also contain the result of the trial balance and any reservations made.

16. These types of errors will not be discovered by preparing a trial balance; additional analysis would be required.

17. The trial balance is a list of all accounts with their balances,(sentencedict .com) divides as debit or credit.

18. The opening balance for the 2005-2006 trial balance in RL was verified against the 2004-2005 closing balances.

19. Verify that the monthly trial balance of accounts receivables are correctly aged and the totals are in agreement with the controls.

20. Many out-of-balance conditions can be detected by computing the difference between total debits and total credits on the trial balance.

21. The balance shown on each account in the trial balance shall be reconciled periodically, and at least whenever the accounts are closed.

22. The accounting module in Comarch ALTUM includes all the crucial accounting functionalities: accounts payable, accounts receivable, general ledger, trial balance, chart of accounts, financial statements, and bank reconciliation.

23. The Bookkeeper brings the books to the trial balance stage, from which an accountant may prepare financial reports for the organisation, such as the income statement and balance sheet History

24. The trial balance is usually a two-column schedule listing the names and balances are listed in the left-hand column and the credit balances in the right-hand column.

25. Provision of monthly financial reports (trial balance and other accompanying statements) within 15 working days after the close of the month (2014/15: not applicable, 2015/16: 90 per cent)

26. 4.6.1 Provision of monthly financial reports (trial balance and other accompanying statements) within 15 working days after the close of the month (2014/15: not applicable; 2015/16: 90 per cent)

27. Provision of monthly financial reports (trial balance and other accompanying statements) within 15 working days after the close of the month (2013/14: not applicable; 2014/15: not applicable, 2015/16: 90 per cent)

28. Provision of monthly financial reports (trial balance and other accompanying statements) within 15 working days after the close of the month (2013/14: not applicable; 2014/15: not applicable; 2015/16: 90 per cent)

29. Other major responsibilities include reconciliation of all ICTR bank accounts, control analyses and review of various accounts receivables and payables, maintenance of registers of approving and certifying officers and updating general ledger, distribution of varied types of reports as Status of Allotments, trial balance and posting records.

30. Other major responsibilities include reconciliation of all ICTR bank accounts, control analyses and review of various accounts receivables and payables, maintenance of registers of approving and certifying officers and updating general ledger, distribution of varied types of reports as Status of Allotments, trial balance and posting records

31. Other major responsibilities include reconciliation of all Tribunal bank accounts and analyses and review of various accounts receivables, payables and unliquidated obligations; maintenance of registers of approving and certifying officers and updating of general ledger and allotment account codes; preparation and distribution of financial reports, including status of allotments, trial balance, posting records and review and recovery actions related to accounts receivables and payables.