POST CLOSING TRIAL BALANCE
\pˈə͡ʊst klˈə͡ʊzɪŋ tɹˈa͡ɪə͡l bˈaləns], \pˈəʊst klˈəʊzɪŋ tɹˈaɪəl bˈaləns], \p_ˈəʊ_s_t k_l_ˈəʊ_z_ɪ_ŋ t_ɹ_ˈaɪ_əl b_ˈa_l_ə_n_s]\
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A trial balance which is created once all of the entries have been posted in to their respective accounts. The main purpose of the creation of a trial balance is to check whether all of the debits are equal to all of the credits witin the real accounts.
By Henry Campbell Black
