7. An account that reduces an asset, liability, or owners' equity account is called a. an adjunct...

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7. An account that reduces an asset, liability, or owners' equity account is called

a. an adjunct account.

b. a contra-account.

c. accounts receivable.

d. a balance account.

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Financial Accounting As A Second Language

ISBN: 9780470043882

1st Edition

Authors: David P. Weiner

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Question Posted: Sep 19, 2024 07:01 PM

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7. An account that reduces an asset, liability, or owners' equity account is called a. an adjunct...

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Financial Accounting As A Second Language

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