Closing Trial Balance definition

Closing Trial Balance is defined in Section 2.3(a).
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Closing Trial Balance means a closing trial balance as at the Completion Date printed from the Company’s SAP software;
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Closing Trial Balance the trial balance of the Seller Group Companies dated as of the Closing Date and prepared in accordance with GAAP on a basis consistent with the basis on which the Balance Sheet and the other financial statements referred to in Section 3.4 were prepared. “Code” - the Internal Revenue Code of 1986, as amended.
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Examples of Closing Trial Balance in a sentence

  • Online algorithms are better suited to deal with high dynamicity, which, however, always comes at the cost of less optimal solutions, relying on heuristics.

  • After Closing Trial BalanceAfter the revenue and expenses accounts have been closed through closing entries, it is possible and also considered necessary to prepare an After Closing Trial Balance" which thus, of course, will consist solely of Balance Sheet items.

  • Budgetary Entry None Proprietary EntryDR 3101 Unexpended Appropriations – Appropriations Received 2,000CR 3100 Unexpended Appropriations Cumulative 2,000 TC F233 Post- Closing Trial Balance FY 2004 – QTR 1 FY 2004 – QTR 1DebitCreditBudgetary41194510Total Proprietary10103100Total 1,000 0 1,000 2,000 0 2,000 1,000 1,000 2,000 2,000 4 Closing Entries are for illustrative purposes only.

  • Post Closing Trial Balance To finish the Accounting Cycle, you would take a Post-Closing Trial Balance, consisting of the Asset and Liability balances, as well as the Owner's Capital account.

  • DR 4450 Unapportioned Authority 800CR 4133 Reduction of Contract Authority 800New TC F112 TC A174 Indefinite Contract Authority Pre - Closing Trial Balance Year 3‌‌ USSGL AccountDebitCreditBudgetary413141334134413541384139480148714902Total Proprietary3101310757006100Total 1,500 Indefinite Contract AuthoritySF 133: Report On Budget Execution And Budgetary Resources Year 3‌ BUDGETARY RESOURCES 1.

  • STEP 4: RUNNING THE ACTUALS CLOSING TRIAL BALANCE REPORT ‌ In this step, you will run the Closing Trial Balance Report for the ACTUALS Ledger.

  • Talk presented at the Siena Workshop on Implicatures and Presuppositions, Siena, Italy, 19-20 March.

  • The inventories of the Company and each Subsidiary of the Company as of the Closing Date shown on the Closing Trial Balance will be stated at the lower of cost (on a first-in first-out basis) or market.

  • DR 4450 Unapportioned Authority 800CR 4133 Reduction of Contract Authority 800New TC A169 TC A174 Indefinite Contract Authority Pre - Closing Trial Balance Year 2‌‌ USSGL AccountDebitCreditBudgetary41304131413341354138413948014902Total Proprietary31013106310757006100Total 2,000 1,500200 0 3,700 5001,000 1,000 2,500 500 8001,000 400 1,000 3,700 1,500 1,000 0 2,500 Indefinite Contract AuthoritySF 133: Report On Budget Execution And Budgetary Resources Year 2‌ BUDGETARY RESOURCES1.

  • According to the online net price calculators, California is not the lowest-cost state, but has similar costs to several other low net-price states (Figure 2-2b).

Related to Closing Trial Balance

  • Original Balance means, with respect to any Receivable coming into existence after the Initial Cutoff Date, the Outstanding Balance of such Receivable on the date it was created.

  • Legal Balance means the amount of indebtedness legally owed by an Obligor with respect to a Loan, including principal and accrued and unpaid interest, late fees, attorneys' fees and expenses, taxes, insurance premiums, and similar charges, if any.

  • Original Principal Balance Any of the Original Principal Balances of the Classes of Class A Certificates as set forth in Section 11.05; the Original Class B-1 Principal Balance, Original Class B-2 Principal Balance, Original Class B-3 Principal Balance, Original Class B-4 Principal Balance, Original Class B-5 Principal Balance or Original Class B-6 Principal Balance as set forth in Section 11.15.

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Cut-off Date Principal Balance As to any Mortgage Loan, the Stated Principal Balance thereof as of the close of business on the Cut-off Date.

  • Closing Date Balance Sheet has the meaning specified in Section 2.3(b).

  • Final Balance Sheet has the meaning set forth in Section 3.3(b).

  • Mortgage Loan Principal Balance means, at any date of determination, the aggregate principal balance of the Notes evidencing the Mortgage Loan.

  • Cut-off Date Pool Principal Balance The aggregate Stated Principal Balances of all Mortgage Loans as of the Cut-off Date.

  • Aggregate Principal Balance means, with respect to any date of determination, the sum of the Principal Balances for all Receivables (other than (i) any Receivable that became a Liquidated Receivable prior to the end of the related Collection Period and (ii) any Receivable that became a Purchased Receivable prior to the end of the related Collection Period) as of the date of determination.

  • Initial Principal Balance means, in respect of a Receivable, the amount advanced under the Receivable toward the purchase price of the Financed Vehicle and related costs, including accessories, service and warranty contracts, insurance premiums, other items customarily financed as part of retail motor vehicle loans and/or retail installment sales contracts and other fees charged by the Transferor or Dealer and included in the amount to be financed, the total of which is shown as the initial principal balance in the note and security agreement or retail installment sale contract evidencing and securing such Receivable.

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;

  • Initial Class Principal Balance As set forth in the Preliminary Statement.

  • Initial Certificate Principal Balance With respect to each Class of Certificates, the Certificate Principal Balance of such Class of Certificates as of the Cut-off Date, as set forth in the Series Supplement.

  • Cut-Off Date Aggregate Principal Balance The aggregate of the Cut-off Date Principal Balances of the Mortgage Loans.

  • Certificate Principal Balance With respect to each Certificate (other than any Interest Only Certificate), on any date of determination, an amount equal to:

  • Original Class Certificate Principal Balance With respect to the Class A Certificates, the Mezzanine Certificates, the Class C Certificates and the Class P Certificates, the corresponding amounts set forth opposite such Class above in the Preliminary Statement.

  • Principal Balance means the outstanding principal amount of the Loan, plus interest expected to be capitalized (if any), less amounts which may not be insured (such as late charges).