Interested to Buy Any Domain ? << Click Here >> for more details...
what is Contra Asset?
- 5 Answers
- 13702 Views
- RR Donnelley, RRDonnelley, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / tapan
Contra asset are asset account with credit balance e.g
allowances for doubtful account,accumulated depreciation.
| Is This Answer Correct ? | 25 Yes | 9 No |
Answer / rajendra panda
Assets have debit balance but contra assets have credit balance. Contra assets offset the debit balance of assets account. Accumulated depreciation of building is an example of contra assets.
| Is This Answer Correct ? | 11 Yes | 0 No |
Answer / santhosh kumar
Contra assets is an assets where the balance ethier will be credit balance or zero balance.
| Is This Answer Correct ? | 3 Yes | 0 No |
Expand-------NAC
what is the process of excise duty?
You configured new asset accounting with three depreciation areas that post in real time. You need to do a partial scrapping to an asset in transaction type. How many document does the transaction create ?( any 1 answer) 1 3 4 6
What is the professional firm you think?
What if FICR?
Answered but misspelled pl correc IT Financilas means profit and loss a/c,balance sheet including (Ans.LESSEHEDU)
What is the entry for Salary for the month of March if the books closed on 31-03. Before 31st March and after 31st March?
payroll calculation procedure explain completely?
EXPAND______________IARCS
WHO ARE THE PROMOTERS?
Why should balance sheet always get tallied ?
What is cash clearing account
Audit 
