What is a contra-asset? Give an example of one.
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What is a contra-asset? Give an example of one.
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A contraasset is an account classification in accounting that offsets the value of a related asset a...View the full answer
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Related Book For 
Fundamentals Of Financial Accounting
ISBN: 9780073527109
3rd Edition
Authors: Fred Phillips, Robert Libby, Patricia A Libby
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