Business
Business, 24.09.2020 08:01, blueberrybaby1

Explain what a contra account is by choosing the statement(s) below that correctly describe(s) a contra account. (Check all that apply.) Multiple select question. A contra account would be subtracted from another account. A contra account is linked with another account. A contra account would be added to another account. Accumulated Depreciation is an example of a contra account. A contra account has an opposite normal balance than its linked account.

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