WORKING TRIAL BALANCE Definition

Bookmark and Share

WORKING TRIAL BALANCE is similar to the trial balance. Additionally, it contains columns for adjusting entries and the adjusted balance. This report is typically used at year-end to assist in making adjusting entries.

Learn new Accounting Terms

INFRASTRUCTURE is the resources (as personnel, buildings, or equipment) required for an activity.

TOTAL COST OF OWNERSHIP (TCO) is a model developed by Gartner Group to analyze the direct and indirect costs of owning and using hardware and software. Managers of enterprise systems use various versions of TCO to lower costs while increasing the benefits of information technology deployments. The TCO includes: original cost of the computer and software, hardware and software upgrades, maintenance, technical support, and training. Most estimates place the TCO at about 3 to 4 times the actual purchase cost of the PC.

Suggest a Term

Enter Search Term

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