Contra asset accounts have credit balance and are an offset to a related asset

Contra asset accounts have credit balance and are an offset
to a related asset account ?

true or false .

Question Posted / neelam

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Contra asset accounts have credit balance and are an offset to a related asset account ? true o..

Answer / neelam

my answer

false

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3 Yes

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Contra asset accounts have credit balance and are an offset to a related asset account ? true o..

Answer / rambabu

False

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Contra asset accounts have credit balance and are an offset to a related asset account ? true o..

Answer / guest

true

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