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Because of its two-column shape, that statement is often nicknamed a:
AT-account
BY-account
CV-account
DX-account
Answer & Solution
Correct answer: A. T-account
1. A vertical and a horizontal line form it.
2. The shape gives the name.
3. It is a T-account.
_Source: OpenStax Principles of Economics 3e, Chapter 27, Money and Banking._
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