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H3Ko H3Ko
wrote...
Posts: 4891
7 years ago
Contra asset accounts, such as Accumulated Depreciation, always have normal debit balances.
A) True
B) False
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
wrote...
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Posts: 2227
7 years ago
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H3Ko Author
wrote...
7 years ago
Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
wrote...
7 years ago
Happy to help Smiling Face with Open Mouth
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