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Question 16 (1.5 points) An account used with a related account to bring about a decrease in the net amount of the two account balances

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Question 16 (1.5 points) An account used with a related account to bring about a decrease in the net amount of the two account balances is called a(n) contra-account. expense account. adjusting account. revenue account Save Question 17 (1.5 points) The steps involved in handling all of the transactions and events completed during an accounting period, beginning with placing data in a book of original entry and ending with a post-closing trial balance, are referred to collectively as input. processing output. the accounting cycle

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