What is a T-account? What is its purpose? Discuss in detail.

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Fundamentals of Financial Accounting

ISBN: 978-0078025372

4th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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Question Posted: Nov 23, 2016 07:53 AM

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What is a T-account? What is its purpose? Discuss in detail.

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Taccounts are a simplified version of the ledger which summarizes transaction effects for ea...View the full answer

Fundamentals of Financial Accounting

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