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Which is a contra-asset account

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Reference no: EM132627641

Problem 1: Which of the following is a contra-asset account?

Group of answer choices

Option 1: Paid in capital in excess of par

Option 2: Bonds payable

Option 3: Income taxes expense

Option 4: Copyrights

Option 5: Treasury stock

Option 6: Accumulated depreciation

Option 7: Pre-paid expenses

Reference no: EM132627641

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