A T-account is a way to visualize the increases and decreases to the value of an account.

Name: A T-account is a way to visualize the increases and decreases to the value of an account.
Brand: Quizplus
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Quizplus · Accepted Answer

A T-account is a commonly used tool in accounting that provides a visual representation of the changes to the balance of an account over time. It shows debits on the left side and credits on the right side, with the balance of the account being the difference between the two sides.

A T-Account Is a Way to Visualize the Increases and Decreases