A T-account is a device or convention for organizing and accumulating the accounting entries of transactions that affect an individual account, such as cash, accounts receivable, bonds payable, or additional paid-in capital.

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A T-account is a widely used tool in accounting for organizing and summarizing transactions affecting individual accounts. It consists of two columns, one for debits and one for credits, with a horizontal line in the middle resembling the letter "T". It helps to visualize the transactions and their impact on the account balance.

A T-Account Is a Device or Convention for Organizing and Accumulating