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    candace murdock's Avatar
    candace murdock Posts: 2, Reputation: 1
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    #1

    Aug 27, 2012, 07:44 PM
    Using t-accounts
    How to determine the t-accounts of waegelein consulting?
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    Aug 27, 2012, 08:21 PM
    T accounts are used to complete assignments

    A heading and a division between debit and credit, they reflect the structure of a hand written ledger. Using T accounts you can post the various entries and determine the balance
    candace murdock's Avatar
    candace murdock Posts: 2, Reputation: 1
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    #3

    Aug 28, 2012, 01:07 PM
    I need step by step instructions on completing the t-accounts for a particular company.
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #4

    Aug 28, 2012, 03:50 PM
    Quote Originally Posted by candace murdock View Post
    I need step by step instructions on completing the t-accounts for a particular company.
    How detailed do you want to get, I suggest you Google T accounts you will find images there that might be more explanatory

    Essentially you prepare your journal entries and then you transcribe that information into the appropriate Taccount placing the debits on the left hand side and the credits on the right hand side, then you work out the balance by addition and deduction
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