menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Study Set 2
  4. Exam
    Exam 5: Inventories and Cost of Goods Sold
  5. Question
    Which One of the Following Is Not a Contra Account
Solved

Which One of the Following Is Not a Contra Account

Question 29

Question 29

Multiple Choice

Which one of the following is not a contra account?


A) Accumulated Depreciation
B) Sales Discounts
C) Transportation-in
D) Purchase Returns and Allowances

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q24: Vern Corp.sold merchandise to a customer on

Q26: Anthony's Shoe Company uses a perpetual inventory

Q27: For what reason might retailers like Target

Q28: The following information was taken from

Q31: Match the costs that might be included

Q32: Identify which inventory costing method (LIFO or

Q33: The journal entry to write down inventory

Q34: Match the terms with the descriptions related

Q84: The inventory of a(n)_ consists of three

Q164: The value assigned to an asset such

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines