Adjusted Trial Balance Definition | Meaning | Example | Format

adjusted trial balance definition

Adjusted Trial Balance Definition and Example

Adjusted Trial Balance Definition – “A statement which consists of the list of various companies accounts and balances at the end of the year.

This statement is prepared at the end of every accounting year. It is statement which is necessary for preparation of financial statements of the company. However, for making the adjusted trial balance, the adjustment entry should be make first. These adjustments may be of accruals or depreciation, etc.

All the adjustments adds to the normal trial balance and a new trial balance is prepared. The format is very similar to that of the normal trial balance. It’s a T shape account. On the top of the account, the name of the company and date of preparing the account comes. Usually this statement is prepare at the end of the Financial year.

Furthermore, there are three column in the adjusted trial balance – Account, debit and credit. The account column consists of the name of the accounts of the organisation. The account having debit balance amount comes in debit side. The accounts having credit balance comes in credit side of the trial balance. The most important thing to note is that the debit balance must be equal to the credit balance.

Adjusted Trial Balance Format

In order to get a clear understanding of adjusted trial balance definition, let’s discuss it’s format


Adjusted Trial Balance

March 31, 2016

Cash –
 Sales –
 Inventory –
 Accounts Payable –
 Revenues –
 Depreciation –
 Wages –
 Grand Total

Related Financial Terms of Adjusted Trial Balance



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