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

TIME DEPOSIT is a bank deposit that can be withdrawn only after a set period of time or with prior notice, e.g. a certificate of deposit (CD).

BATCH is a collection of things or persons to be handled or processed together.

Suggest a Term

Enter Search Term

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