Accounting Software Glossary |
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The accounting software glossary is a glossary of words and phrases related to accounting software and is provided entirely as-is and without warranty. Please feel free to make use of the definitions of accounting software terms contained herein, provided you quote your source or, if used online, provide a link back to the accounting software glossary. |
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Definition of T Account |
An alternative method of displaying an account where debits are shown on the left hand side and credits are on the right. T accounts have three basic elements. A title, a left side (debit side) and a right side (credit side).
Other accounting software terms beginning with T |
| T Account |
| An alternative method of displaying an account whe... |
| Tangible assets |
| Assets that can be held or seen and that are capab... |
| Three column cash book |
| A book that records all payments and receipts of b... |
| Total Cost of Ownership (TCO) |
| Developed by Gartner Group TCO is used to analyse ... |
| Trading account |
| An account that shows a manufacturing or retail bu... |