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  3. Study Set
    Understanding Financial Accounting
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    Exam 3: Double-Entry Accounting and the Accounting Cycle
  5. Question
    An Example of a Contra Asset Account Is
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An Example of a Contra Asset Account Is

Question 11

Question 11

Multiple Choice

An example of a contra asset account is


A) Accumulated depreciation.
B) Depreciation expense.
C) Discount on Bonds Payable.
D) Prepaid expenses.

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