Answer:
The answer is LEGDER Account.
Explanation:
it is called a T account because it has two sides, Credit side and Debit side. Depending on the type of the account such as Asset, Expenses, Liabilities, Income or Equity, the records are entered. Whether they increase or decrease.
Asset, Expenses when incresed they are debited and decreased theya re credited.
Liabilities, Income or Equity are debited when they decrease and credited when they are increased.
