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prepare trial accounting balances

Ensure that all transactions are recorded in the books of the company and totalise all the debits and the credits of the accounts to find out balance in the accounts.

Also called: calculate trial accounting balances, formulate trial accounting balances, make trial accounting balances ready, prepare trial accounting balance, preparing trial accounting balances, prepare accounting balances for trials, prepare trial balances

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Definition from ESCO, published by the European Commission. Source concept

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