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

ADVISING BANK is a bank in the exporters country handling a letter of credit.

BLACK HOLE EXPENDITURE is a capital R&D expenditure that does not give rise to a depreciable asset and is not otherwise deductible.

Suggest a Term

Enter Search Term

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