The right-hand side of a T account is known as a debit and the left-hand side is known as a credit.
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Q1: The recording of cash payments from the
Q2: Consuming goods and services in the process
Q3: Accounts are records of increases and decreases
Q5: A credit to the cash account will
Q6: The T account got its name because
Q7: The balance of an account can be
Q8: The chart of accounts should be the
Q9: The cash account will always be debited.
Q10: The recording of cash receipts to the
Q11: Debiting the cash account will increase the
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