An Account the Balance of Which Is Subtracted from the Balance

question 120

Multiple Choice

An account the balance of which is subtracted from the balance of a related account sothat more complete information than simply the net amount is provided is a(n) :

• A)Accrued revenue.
• B)Accrued expense.
• C)Withdrawal.
• D)Contra account.
• E)Prepaid expense.

---

Definitions:

Indirectly Paid

This term refers to compensation or benefits not provided in the form of direct payment, such as stock options, bonuses, or non-monetary rewards.

Personal Selling

involves direct face-to-face communication between salespeople and potential buyers with the aim of persuading the buyer to make a purchase.

Home Decoration

The art and science of making an interior space more aesthetically pleasing and functionally useful for its inhabitants.

Public Relations

The practice of managing and disseminating information from an individual or an organization to the public to influence their perception.