Featured image of post Contra Asset Meaning : Allowance for uncollectible accounts is a contra asset account, which means that its normal balance is a credit.
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Contra Asset Meaning : Allowance for uncollectible accounts is a contra asset account, which means that its normal balance is a credit.

Allowance for uncollectible accounts is a contra asset account, which means that its normal balance is a credit.

Contra Asset Meaning : The most common example of contra asset is accumulated depreciation, accumulated dep is related to.

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