The accounting term for a list of account balances used to verify that debits equal credits is a trial balance.
A trial balance is an internal accounting report listing the closing or adjusted balances of general-ledger accounts at a particular date. Debit balances appear in one column and credit balances in another. In a correctly maintained double-entry system, the two column totals should be equal, providing a basic check on the arithmetic of the records.
Accountants generally prepare the trial balance after transactions have been journalized and posted to the ledger. The report can then support preparation of financial statements such as the income statement and balance sheet. It may be prepared before adjustments, after adjustments or after closing entries, depending on its purpose.
A balanced trial balance does not prove that the books contain no errors. It may fail to detect a transaction omitted entirely, an incorrect amount entered on both sides, or a debit and credit posted to the wrong accounts. The trial balance is therefore a useful control, not a complete audit. It is also different from a balance sheet, which reports financial position rather than simply testing ledger equality.