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Question
If a [...] is recorded in a related account, the contra account records a credit.
Answer

Question
If a [...] is recorded in a related account, the contra account records a credit.
Answer
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Question
If a [...] is recorded in a related account, the contra account records a credit.
Answer
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A contra account is an account found in an account ledger that is used to reduce the value of a related account. A contra account's natural balance is opposite of the associated account. If a debit is recorded in a related account, the contra account record also records a credit.

Original toplevel document

Contra Account Definition | Investopedia
What is a 'Contra Account' <span>A contra account is an account found in an account ledger that is used to reduce the value of a related account. A contra account's natural balance is opposite of the associated account. If a debit is recorded in a related account, the contra account record also records a credit. BREAKING DOWN 'Contra Account' Contra accounts are reported on the same financial statement as the associated account. For example, a contra account

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