Day: 28 October 2019

What Is A Contra Asset? With Picture

Posted by Prabhjot7 jot7
  |  
On October 28, 2019

ContentFinancial WellnessHow To Change The Asset Account In QuickbooksPresentation Of Contra AssetsExamples Of Contra Revenue AccountsContra Asset Account DefinitionContra Asset Definition A bond discount is an example of a contra liability account and it reduces the amount of a bond payable. The amount on the equity contra account is deducted

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