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T-Account: An informal term for a set of financial records that uses double-entry bookkeeping.

Illustration of a hand writing on a T-account labeled "Assets" with debit and credit columns, surrounded by dollar signs, representing financial records in double-entry bookkeeping.

Illustration of a hand writing on a T-account labeled "Assets" with debit and credit columns, surrounded by dollar signs, representing financial records in double-entry bookkeeping.

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