A T-account is an account that is often used to analyze financial transactions.

Name: A T-account is an account that is often used to analyze financial transactions.
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A T-account is a tool used in accounting to analyze financial transactions by breaking them down into debits and credits on a visual chart resembling the letter "T." It helps in understanding the impact of each transaction on the balance sheet and income statement.

A T-Account Is an Account That Is Often Used to Analyze