The T-account is a summary device that is shaped like a capital T with debits posted on the right side of the vertical line and credits posted on the left side of the vertical line.

Name: The T-account is a summary device that is shaped like a capital T with debits posted on the right side of the vertical line and credits posted on the left side of the vertical line.
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In a T-account, debits are posted on the left side of the vertical line and credits are posted on the right side.

The T-Account Is a Summary Device That Is Shaped Like