When a trial balance is prepared,a contra-account appears immediately:
A)before the account it offsets but in the opposite column.
B)after the account it offsets and in the same column.
C)after the account it offsets but in the opposite column.
D)before the account it offsets and in the same column.

Question

Quizplus · Accepted Answer

A contra-account is shown on the trial balance immediately after the account it offsets.The balance is recorded in the opposite column because a contra-account is subtracted from the account to which it is a contra-account.

When a Trial Balance Is Prepared,a Contra-Account Appears Immediately