Material Detail

Account Format

Account Format

An account is simply a record of all changes to a specific asset, liability, or equity item. T-accounts format account balances by keeping the debits on the left side and the credits on the right.

Contents:

1 What is an Account?
2 Types of Accounts
3 Account Format

Rate

Quality

  • Editor Reviews
  • User Rating
  • Comments
  • Learning Exercises
  • Bookmark Collections
  • Course ePortfolios
  • Accessibility Info

More about this material

Comments

Log in to participate in the discussions or sign up if you are not already a MERLOT member.