Question
Asked Dec 15, 2019
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What is a T-account? On which side is the debit? On which side is the credit? Where does the account name go on a T-account?

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Expert Answer

Step 1

Debits are recorded on the left and credits are recorded on the right side of a T-account with the name at the top.

Step 2

T-account: The condensed form of a ledger is referred to as T-account. The left-hand side of t...

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