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What is contra?
Contra is a contra account used in bookkeeping to represent the balance of related accounts.
Who is required to file contra?
Contra is typically filed by accounting departments or individuals responsible for financial reporting.
How to fill out contra?
Contra can be filled out by recording the necessary transactions that offset each other.
What is the purpose of contra?
The purpose of contra is to accurately reflect the balance of related accounts.
What information must be reported on contra?
Contra typically reports transactions that offset each other in a financial statement.
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