can someone please explain accounting T-ledger accounts?

Every account in general ledger can be summarized into a T accounts.

By T, it means that it has 2 sides Left (Debit), Right (Credit).

Depending on the nature of the account, each account have its natural place, ie CASH naturally is a DEBIT balance account.

That is to say the Left section of a CASH account starts with a BEGINNING BALANCE. Because of its DEBIT nature, then addition to CASH will also be booked on the left DEBIT side. Reduction to CASH will then be booked on the right CREDIT side. The ENDING BALANCE will also be on the CREDIT side. Total De & Cr have to be equal.

Cheers...

T-Ledger accounts are the fundamentals of accounting and should be understood well by any user of accounts. The basic idea is to split a page and write the incomes on your right hand side and the expenses on your left hand side of the page. A good situation would be that your income is always higher than your expenses giving you profits.

Depending on the kind of account (Real, Nominal, Personal) the items placed on the right and left hand change. For nominal and personal accounts the income on right and expenses on left rule is followed. For real accounts any increase is written on the left side and any decrease on the right hand side. It is always better to prepare the related T-ledger accounts in any journal entry side by side to assist you in understanding the impact of a transaction.