Understanding the T Account
0:59
YouTubeAccounting Pro
Understanding the T Account
In this short video, we dive into the world of accounting to explain the concept of T-accounts. A T-account is a visual tool that helps track financial transactions and analyze the flow of money. Using the example of a small bakery, we demonstrate how transactions are recorded in the T-account, with debits on the left side and credits on the ...
73.3K viewsJul 15, 2023
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