Difference between revisions of "T-account"
(→Definitions) |
|||
| Line 1: | Line 1: | ||
| − | [[T-account]] (alternatively | + | [[T-account]] (alternatively spelled as [[T account]]; hereinafter, the ''Account'') is a skeleton version of a [[ledger account]] that is used for demonstration purposes. |
==Definitions== | ==Definitions== | ||
According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
| − | :[[T account]]. A skeleton version of a [[standard account]] used for demonstration purposes. | + | :[[T account]]. A skeleton version of a [[ledger account|standard account]] used for demonstration purposes. |
==Related concepts== | ==Related concepts== | ||
Revision as of 10:18, 18 December 2018
T-account (alternatively spelled as T account; hereinafter, the Account) is a skeleton version of a ledger account that is used for demonstration purposes.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- T account. A skeleton version of a standard account used for demonstration purposes.
Related concepts
- Bookkeeping. Recording, filing, and retrieving of financial data, as well as producing those financial reports that are required by laws.
