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  • Hey Ms.Smith I am having trouble with accounting.
  • What do you need help with?
  • I don't understand T charts and where my assets and liabilities go.
  • Don't be worried Louis! Think of the T chart as the Alphabet. 
  • Uhhhhh
  • The first letter in the Alphabet is A and L, O are to the right.
  • Assets (A) first letter is A and the one on the left of the T chart.
  • Yes Louis! Now what is on the right side of the T chart?
  • Liabilities and Owners Equity! They are on the right side.
  • Good Job Louis! 
  • Thank you Ms. Smith I will be ready thanks to your tip!
  •  No problem Louis always feel free to come ask if you have a problem.
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