Web Results

Debits and credits

en.wikipedia.org/wiki/Debits_and_credits

7 T-accounts; 8 Contra account; 9 Real, personal, and nominal accounts ... For example, when the customer of a bank deposits money into his bank account two  ...

What is a contra account? - Questions & Answers - AccountingTools

www.accountingtools.com/questions-and-answers/what-is-a-contra-account.html

Mar 19, 2013 ... The contra liability account is less common than the contra asset account. An example of a contra liability account is the bond discount account, ...

contra account definition | Dictionary | AccountingCoach

www.accountingcoach.com/terms/C/contra-account

An account with a balance that is the opposite of the normal balance. For example, Accumulated Depreciation is a contra asset account, because its credit  ...

Contra Account | Example | Explanation | My Accounting Course

www.myaccountingcourse.com/accounting-basics/contra-account

A contra account is an account with a balance opposite the normal accounts in its category. Contra accounts are usually linked to specific accounts on the ...

Contra Account: Definition & Examples | Study.com

study.com/academy/lesson/contra-account-definition-examples.html

This lesson will explain what a contra account is and how it works to accurately show the value of a firm's financial statements. It will also provide examples to ...

Account, Contra Account, Chart of Accounts Examples Defined

www.business-case-analysis.com/account.html

The business meanings of account are defined and explained in context of related concepts including contra account, chart of accounts, valuation allowance .

Contra Account Definition | Investopedia

www.investopedia.com/terms/c/contraaccount.asp

Examples of contra accounts include Allowance for Uncollectibles, a contra account to Accounts Receivable and Accumulated Depreciation, a contra account to ...

www.ask.com/youtube?q=Examples of Contra Accounts&v=Eye5DdhXjGo
Sep 4, 2012 ... How a contra account is used (works opposite) demonstrated by (Discount to Bonds Payable), used as a balancing account between the asset ...

What is contra account? definition and meaning

www.businessdictionary.com/definition/contra-account.html

Definition of contra account: Asset account that offsets an associated account. For example, accumulated depreciation account that reduces the original cost of ...

www.ask.com/youtube?q=Examples of Contra Accounts&v=alJ3mqPwEHw
Jul 28, 2011 ... Examples of contra accounts include - Allowance for Bad Debts (to Accounts Receivable). Bad Debt expense (to Sales), Accumulated ...
Popular Q&A
Q: What are the examples of contra account.
A: Examples of Contra Accounts are Accumulated Depreciation and Provision for Doubtful Debts. Read More »
Source: www.answers.com
Q: What are the examples of capital contra account.
A: is accumulated depreciation a contra account. Read More »
Source: www.answers.com
Q: What are some examples of contra asset account?
A: Accumulated deprciation. Read More »
Source: wiki.answers.com
Q: Example of Contra-Asset Account?
A: Accumulated Depreciation. Read More »
Source: wiki.answers.com
Q: Could someone please give me a simple example/s of contra account...
A: In the U.S. anyway, a contra account does. not. refer to entries only involving bank and cash accounts. In fact, it has nothing to do with that. The info Clough... Read More »
Source: www.askmehelpdesk.com