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Accounting > T-account

The following information is about T-account.

T-account Defined

is the basis for journal entry in accounting. T-accounts have three basic elements. A titlea left side (debit side) and a right side (credit side). To make an entry in a t-accountput the currency (dollarpoundetc.) amount on the appropriate side (debit or credit). There are five basic types of accounts: assetsliabilitiesequityrevenue and expenses. Assetsliabilities and equity are the balance sheet accounts.

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Off-site T-account Links, User Submitted

The following links have been collected through user bookmark submission in the T-account category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

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