Question
Name of contra account Name of adjunct account (applies only to 2) Accounts Receivable Inventory Note Receivable Equipment Investment in Stocks Deferred Tax Assets Note
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| Name of contra account | Name of adjunct account (applies only to 2) |
| Accounts Receivable |
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| Inventory |
|
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| Note Receivable |
|
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| Equipment |
|
|
| Investment in Stocks |
|
|
| Deferred Tax Assets |
|
|
| Note Payable |
|
|
| Owners equity also has a well-known contra account. |
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
22nd Edition
324401841, 978-0-324-6250, 0-324-62509-X, 978-0324401844
