Prepare to pass & SAVE $1100!

Trial Balance

Trial Balance

A listing of all the debit and credit balances of all the balances of the T accounts. The purpose is to make sure that the total debits equal the total credits.

This is done before the financial statements are printed and again after the closing entries are made.

There is currently no content classified with this term.

Get instant access to step-by-step instructions on how to apply and sit for the CPA Exam.