Houston Chronicle

Examples of Accounting Problems With T-Accounts

T-accounting is a method used by accountants and bookkeepers that gets its name from the T shape formed by the two columns used to record entries. Also called double-entry accounting, T-accounting ...
Investopedia

Double Entry: What It Means in Accounting and How It’s Used

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Investopedia

How a General Ledger Works With Double-Entry Accounting, With Examples

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
Houston Chronicle

What Effects Do Double-Entry Accounting Systems Have on Financial Statements?

In a double-entry accounting system, a corporate bookkeeper records every transaction through two accounts, depending on the underlying economic event -- the other name for a transaction. The ...