Accounting Stuff T Accounts
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This is a general explanation of taccounts and calculating account balances.
The t account is a visual representation of individual accounts that looks like “t” so all additions and subtractions (debits credits) to acco. Taccount is used instead of general ledger.
Discusses the posting of business transactions from journal to general ledge. The layout of in book,. This episode of for beginners.
If you know what a t account or ledger is. Do how to close one. Learn how to post the taccount.
This video uses our fizbo examples that we set up journal en. Taccount t accounts explained simply (with examples), accounting for beginners account example/accounting tutorial.
