If you haven't already noticed, the T-account is a short- hand version of a general ledger. It is used to keep up with the balances in general ledger accounts without the extra information that the general ledger provides. Your book focuses more on the T-account, but having a knowledge of the General Ledger and the information it provides is very important in accounting. Research the difference between a T-account and a general ledger account, and the information they provide. Explain the advantages and the disadvantages of using a general ledger versus a t-account. If you owned a business which would you use? Why?