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    eulalio06706's Avatar
    eulalio06706 Posts: 1, Reputation: 1
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    #1

    Mar 13, 2012, 01:04 PM
    What is a T-account?
    What is the easy way to explain a T-account
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
    Jobs & Parenting Expert
    		  
    #2

    Mar 24, 2012, 12:38 PM
    CliffNotes explains it this way --

    T Accounts: The simplest account structure is shaped like the letter T. The account title and account number appear above the T. Debits (abbreviated Dr.) always go on the left side of the T, and credits (abbreviated Cr.) always go on the right.
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