An account linked with another account that has an opposite normal balance and that is subtracted from the balance of the related account is a(n): select one:
a. accrued expense.
b. contra account.
c. accrued revenue.
d. intangible asset.
e. adjunct account.

b. Contra account.

Explanation:

Contra account is a general ledger account that offsets the balance in another, related account with which it is paired. It is used rather than reduce the value of the original account directly to keep financial accounting records clean. By keeping the original amount of the original account and reducing the figure in a separate account, the financial information is more transparent.

consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.