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T-accounts: What they are, how they work, and examples to learn from

Summary by KEYT
jensanny // Shutterstock   T-accounts are one of accounting’s most useful visual tools, and they’ve stuck around for good reason. Named for their simple T shape, these diagrams split a ledger account into two sides. Debits go on the left, credits go on the right. Every financial transaction hits at least two accounts, which is the whole point of double-entry bookkeeping. One account gets debited, another gets credited, and the books stay balance…

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Santa New Mexican broke the news in on Wednesday, February 18, 2026.
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