Examlex
Which of the following would not be classified as a contra account?
Venture Capital
Financing that investors provide to startup companies and small businesses with long-term growth potential.
Direct Cost
Expenses that can be directly traced to the production of specific goods or services, such as raw materials and labor costs.
Legal Fees
Expenses charged by lawyers or law firms for legal services provided.
Issuing Securities
This refers to the process by which corporations, governments, or other entities offer new stocks, bonds, or other financial instruments to the public to raise capital.
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