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Contra Accounts, The normal balance for a contra account is the opposite of the related account.Accumulated Depreciationis a contra asset account. The normal balance of
Contra Accounts, "The normal balance for a contra account is the opposite of the related account.Accumulated Depreciationis a contra asset account. The normal balance of an asset account is adebit.The normal balance of a contra asset account is acredit."
Depreciation is one example do you know other examples if contra accounts are?
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