Book

[Buddha Buck]

A "T account" is a name used for a ledger account in intro to bookkeeping
classes/books. It's written as a big "T", with the name of the account
across the top, and a clear separation of debit and credit entries. It's
used to emphasize that the accounts have two different types of entries
which are summed up separately to get the account balance. I'm pretty sure
the two columns are separated in such an exaggerated view (there's usually
rarely a place to write most other transaction details) to make sure the
students don't think that the two columns on the right hand side of a
ledger page are a mistake, or one used for the transaction amounts and the
other for a running balance, etc.

I'm not a professional bookkeeper, but outside of training materials, I
don't think I've seen the term used.

On Mon, Feb 29, 2016 at 4:53 PM david.carlson.417 <
david.carlson.417 at gmail.com> wrote:

>
>
> First you should read the GnuCash help manuals to learn how we name
> things.  I have  been using GnuCash for years but I never heard of a T
> account.
> David C
>
>
> Sent via the Samsung Galaxy S® 5 ACTIVE™, an AT&T 4G LTE smartphone
>
> -------- Original message --------
> From: E Rosenberg <wmcomputersystems at gmail.com>
> Date: 2/29/2016  12:40 PM  (GMT-06:00)
> To: gnucash-user at gnucash.org
> Subject: Book
>
> Deaer List -
>
> I obviously need to better understand T accounts.  Would you please
> suggest some books that handle these accounts in detail.
>
> Thanks,
>
> Ethan
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