AGED TRIAL BALANCE Definition

Bookmark and Share

AGED TRIAL BALANCE alphabetically lists accounts receivable with outstanding balances. It displays one balance for every account by age and is typically produced only once on demand to check receivable details against other reports.

Learn new Accounting Terms

NETTING can be the settling of mutual obligations at the net value of a contract as opposed to its gross dollar value; or, the reduction of transfers of funds between subsidiaries or separate companies to a net amount.

PRICE TO SALES see PRICE TO REVENUE.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.