contra accounts मीनिंग इन हिंदी

उदाहरण वाक्य

1. Depreciation, amortization and depletion are recorded as expenses against a contra account.
2. Contra accounts are accounts that are related, yet separate from its particular account.
3. SETCO received funds for Contra supply operations from the Contra accounts established by Oliver North . 
4. Contra accounts are used in bookkeeping to record asset and liability valuation changes . " Accumulated depreciation " is a contra-asset account used to record asset depreciation.
5. A contra expense account will behave in the opposite way a normal expense account will; instead of debiting to increase, a contra account must credit to increase.
6. If the bonds sell for less than face value, the contra account Discount on Bonds Payable is debited for the difference between the amount of cash received and the face value of the bonds.