In a trial balance a contra-account appears:
A)just before the account it offsets but in the opposite column.
B)just after the account it offsets and in the same column.
C)just after the account it offsets but in the opposite column.
D)just before the account it offsets and in the same column.

Question

Quizplus · Accepted Answer

A contra-account is an account that offsets the balance of another account. It is typically shown immediately after the account it offsets, but in the opposite column in the trial balance. Therefore, option C is the correct answer.

In a Trial Balance a Contra-Account Appears