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    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 4: The Accounting Cycle Continued: Preparing Worksheets and Financial Statements
  5. Question
    Which of the Following Would Be an Example of a Contra-Asset
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Which of the Following Would Be an Example of a Contra-Asset

Question 70

Question 70

Multiple Choice

Which of the following would be an example of a contra-asset?


A) Depreciation Expense
B) Residual Value
C) Accumulated Depreciation
D) Supplies

Correct Answer:

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