Meaning of “T-account” in the English Dictionary

business-english dictionary

"T-account" in Business English

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T-accountnoun [ C ]

uk us

ACCOUNTING a simple table in the shape of a T, that shows money going out of an account on the left and money going in on the right, used for example in double-entry bookkeeping

(Definition of “T-account” from the Cambridge Business English Dictionary © Cambridge University Press)