Accountancy, asked by naseemalam5001, 1 year ago

The account format that displays debits credits balances and headings fill in the blanks

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Answered by aru2296
5
The account format that displays debits, credits, balances, and headings. The account format that displays debits, credits, balances, and headings.
Answered by writersparadise
0

The answer is T-account.

The account format that displays debits, credits balances and headings is called T-account.  

The T-account balance highlights all the debit entries on the left side and the credit entries on the right side. The totals of the debits and credits are mentioned below their respective individual entries. The heading or title of the T-account includes the name and number of the account. This is specified on top of the entries of the account.

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