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A Contra Account Is an Account Linked with Another Account;

question 85

True/False

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


Definitions:

Social Media

Platforms and technologies that enable users to create, share content, or participate in social networking, such as Facebook, Instagram, and Twitter.

Communication Technology

The use of tools and platforms to facilitate communication and information exchange across distances, including the internet, email, and telecommunications.

Culture

The ideas, customs, social behavior, and artifacts of a particular society, group, place, or time.

True Feelings

Genuine emotions or sentiments that a person may express or conceal, depending on the context or situation.

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