FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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The T-Account and the Four-Column Ledger Account
Remember:
The t-account provides the basic account title, date,
debit amount, credit amount, and ending balance for each account.
The four-column ledger provides the same information as the t-account but adds additional detail of a running total and post reference information.
The ending balance should always be the same value for both the t-account and four-column ledger for a specific account.
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