Which of the following is/are true regarding the T-account?
A)the name or title of the account appears on the horizontal line.
B)dates and other information can appear in T-accounts.
C)one side of the space formed by the vertical line records increases in the item and the other side records decreases.
D)all of the above
E)none of the above

Question

Quizplus · Accepted Answer

All of the given statements are true regarding the T-account. The name or title of the account appears on the horizontal line, dates and other information can be included in the T-account, and one side of the space formed by the vertical line records increases in the item while the other side records decreases.

Which of the Following Is/are True Regarding the T-Account