Which of the following accounts are characterized as a "contra" account? (Select ALL tha apply) O Equipment O Deferred Revenue OAccumulated Depreciation O Accounts Payable O Depreciation Expense O Sales Allowances Sales return O Allowance for Uncollectible A/R O Bad Debt Expense O Accounts Receivable Notes Payable O Cost of Goods Sold

Which of the following accounts are characterized as a "contra" account? (Select ALL tha apply) O Equipment O Deferred Revenue OAccumulated Depreciation O Accounts Payable O Depreciation Expense O Sales Allowances Sales return O Allowance for Uncollectible A/R O Bad Debt Expense O Accounts Receivable Notes Payable O Cost of Goods Sold

College Accounting (Book Only): A Career Approach

12th Edition

ISBN:9781305084087

Author:Cathy J. Scott

Publisher:Cathy J. Scott

Chapter12: Financial Statements, Closing Entries, And Reversing Entries

Section: Chapter Questions

Problem 3E

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