küçük mizan

Turkish - English

Definition of küçük mizan in Turkish English dictionary

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 any difference indicates that an error has been made

a listing of all accounts, with their balances entered as debits or credits in columns, to determine whether the accounts balance, that is whether, total debits equal total credits A trail balance is typically prepared at the end of an accounting period just before preparing the adjusting entries and the financial statements

A trial balance is prepared at the end of an accounting period by adding up all the account balances in your general ledger The debit balances should equal the credit balances

A trial balance is a listing of the accounts in your general ledger and their balances as of a specified date A trial balance is usually prepared at the end of an accounting period and is used to see if additional adjustments are required to any of the balances Since the basic accounting system relies on double-entry bookkeeping, a trial balance will have the same total debit amount as it has total credit amounts

A summary of the balances contained in the general ledger to verify that the general ledger is in balance The balances used to prepare the trial balance must be as of the same date Because some balances in the general ledger are positive (+) while others are negative (-), the total of the trial balance should be zero

The act of totaling debit balances and credit balances to confirm that total debits equal total credits

a test to see whether all the debits and credits in a set of account books match

a balance of debits and credits in double-entry bookkeeping; drawn up to test their equality

This is recorded to show the proof of the equality of debits and credits in a general ledger

The testing of a ledger to discover whether the debits and credits balance, by finding whether the sum of the personal credits increased by the difference between the debit and credit sums in the merchandise and other impersonal accounts equals the sum of personal debits

The equality would not show that the items were all correctly posted

A list of the balances of the accounts in a ledger kept by double entry with the debit and credit balances shown in separate columns If the totals of the debit and credit columns are equal or their net balance agrees with a controlling account, the ledger from which the figures are taken is said to be "in balance "

table used to concentrate balances of various business accounts (Accounting)

In accounting, a workpaper used to list all the debit and credit balances in the general ledger and to determine that the total debits equal the total credits (the result of double-entry accounting)

A listing of all account balances; provides a means of testing whether total debits equal total credits for all accounts

A list of the balances of the accounts in a ledger kept by double entry with the debit and credit balances shown in separate columns   If the total of the debit and credit columns are equal or if their net balance agrees with a controlling account, the ledgers from which the figures are taken are said to be "in balance "

A statement of all the open debit and credit items in a double-entry ledger, made to test their equality

is a listing of the accounts in your general ledger and their balances as of a specified date A trial balance is usually prepared at the end of an accounting period and is used to see if additional adjustments are required to any of the balances Since the basic accounting system relies on double-entry bookkeeping, a trial balance will have the same total debit amount as it has total credit amounts

Hyphenation

kü·çük mi·zan