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A Contra Account Is an Account Linked with Another Account;

question 226

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A contra account is an account linked with another account; it is added to that account to show the proper net amount for that particular item.


Definitions:

Table Style

A predefined set of formatting options that can be applied to tables in documents and presentations to maintain consistency and visual appeal.

Filter List Arrows

Interactive elements within software applications that allow users to sort or filter displayed data according to various criteria.

Total Row

A feature in spreadsheet applications that automatically calculates and displays a total, average, or other aggregate function for data in a column.

Contact Type Column

A column in a database or spreadsheet specifically designated for categorizing contacts based on criteria such as personal, business, etc.

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