T Account Template Excel

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T account template excel. For you non accounting folks a t account is a method to trace accounting transactions through the accounts on the general ledger. Use this basic and accessible accounting ledger to ensure your debits and credits remain balanced. This t account t accounts guide t accounts are used in accounting to track debits and credits and prepare financial statements. Its a visual representation of individual accounts that looks like a t making it so that all additions and subtractions debits and credits to the account can be easily tracked and represented visually.
Conditional formatting allows you to easily pick out which transactions are unbalanced even if you have many entries. Ive made an excel template for filling out t accounts.