Cuentas T
Enviado por rosaandrea • 2 de Diciembre de 2013 • 599 Palabras (3 Páginas) • 356 Visitas
The account T
T can be defined as a graphic representation account of accounting has its different elements.
The T account allows accounting records and is the most used to record the various economic events shape .
elements of the account are:
1. Concept or account name
Two . Account code
Three . Your debit side
4 . Your credit side
May . His movements debits and credits
6. The balance
The account balance is the result of subtracting the value of debits credits .
The T account allows display perfectly that each account has a debit side and a credit side , or should be and that each account has the ability to give and receive , thus fulfilling the principle of double entry , according to which, in all accounting , bookkeeping around , there is always at least one account that delivery and that each account receives and is able both to receive as to give.
FINANCIAL ACCOUNT
The ledger account that allows the instrument to identify, classify and record an item or economic fact made by a company.
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T can be defined as a graphic representation account of accounting has its different elements.
The T account allows accounting records and is the most used to record the various economic events shape .
elements of the account are:
1. Concept or account name
Two
...