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

OPEN-BOOK CREDIT is a form of trade credit in which sellers ship merchandise on faith that payment will be forthcoming.

INVOICE, CONSULAR is an invoice stamped or endorsed by the consulate of the country requiring such.

Suggest a Term

Enter Search Term

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