Examlex
Which of the following associations is most accurate?
T Account
A visual representation used in accounting to depict the debit and credit sides of an account for easy visualization and analysis.
T Account
A visual representation used in accounting to show the effect of transactions on the balance of accounts, featuring a T-shaped format.
Debit Balance
A financial account balance where debits are greater than credits.
Credit Balance
Indicates the amounts credited on the right side of the balance sheet, usually representing liabilities, revenue, or equity.
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