Which of the following is an account that is often used to analyze financial transactions and is named after a letter?
A) C-account
B) D-account
C) P-account
D) T-account

Question

Quizplus · Accepted Answer

A T-account is a visual representation of a general ledger account that is often used to analyze financial transactions. It gets its name from the T shape that it resembles, with the account name displayed at the top of the T, and debits and credits displayed on either side of the vertical line of the T.

Which of the Following Is an Account That Is Often