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

ESCUDO is a currency of Chile, Mozambique, and Portugal.

LETTER OF AWARENESS is a formal letter written to a lender, normally by a parent company, acknowledging its relationship with another group company and its awareness of a loan being made to that company. It is the weakest form of comfort letter. Such letters do not constitute a guarantee, but may nevertheless involve a significant moral commitment on the part of the writer.

Suggest a Term

Enter Search Term

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