Definition of contra asset account in Accounting

Content What Cash Receipts Are Not Revenue? What is Contra Account? Understanding a Contra Account Contra Account Definition, Types, and Example Allowance for Doubtful Accounts Definition of Contra Asset Account Key examples of contra accounts include accumulated deprecation and allowance for doubtful accounts. Whenever the balance of a CA account increases , the increased amount […]




Global Accounting Network International Association

Content Commitment to Environmental, Social and Corporate Governance Years of Experience and Salary What Careers Can Be Done With a CPA License? Transforming global shipping What Makes McKinsey, Bain or BCG Different from the Big 4 MGI Worldwide CPAAI: Join our Global Accounting Network & Association MGI Worldwide Each is a network of firms, owned […]