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A T-Shape Account is a graphic representation of a general ledger account. It shows Debit entries on left side of the T and credits entries on right side of the T.
T-Account is basically a general ledger account. which shows Dr and Cr entries.
Dr enter on left side ad Cr entries on right side.
Debit is always left and credit - is right....
T account is any general ledger account that shows debit and credit balance of all transaction and also when we close it debit or credit balance of that account
A T-account is a one of the two popular types of accounts i.e. running balance account & T-Account
An account is a summary of all increases & decreases in a particular asset, liability, owner's equity, revenue or expense (such as cash). It starts with the opening balance, shows all increases & decreases & ends up with a closing balance
T account was used in manual accounting to see the effect of debits and credits and to check the transaction effects. It can be said that it is a general ledger account.
The Debits and Credits of an account or enter on left side ad Cr entries on right side
T account represents a ldger account to record
transactions of a particular a/c or party. A line
is dawn in btween the page to divide t into two
equal halfs. on the left it is Debit and on the right
it is credit
T account is the Ledger account
T account is a ledger that shows the debit & credit side of each accounts
The presentation of GL in T shape that's why called T account. Above this T will be GL name Left side is for Debit Entry and Right side for Credit Entry.
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