An Example of a Contra Asset Account Is

question 27

Multiple Choice

An example of a contra asset account is

• A)Accumulated depreciation.
• B)Depreciation expense.
• C)Gain on sale of landd)Prepaid expenses.

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Definitions:

Legalistic Language

The formal and technical language associated with legal documents or contexts, often characterized by specialized vocabulary and complex sentence structures.

Business Communication

The sharing of information between people within an organization and with those outside it to achieve the company's objectives and to promote efficacy.

Cost Of Communication

The expenses related to exchanging information, whether financial, time, resources, or missed opportunities, in various forms of communication.

Business Communications

Business communications encompass the sharing of information between people within an organization and with external parties to achieve business objectives.