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    ramonesarg's Avatar
    ramonesarg Posts: 1, Reputation: 1
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    #1

    Jun 21, 2010, 07:42 PM
    Show me an example of a T account
    I am sorry, I have to prepare a Journal entry to record adjusting entries for prepayments and alsp prepare the adjusting journal entry required for December 31, and finally post each of the entry to T accounts and calculate the final balance in each account - can you please help?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #2

    Jun 23, 2010, 06:44 AM

    A T account is a T with the top of the T is the Account name, the left side is for your debits, and the right side for your Credits.

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  1. File Type: xls T-Account.xls (18.5 KB, 276 views)
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