An example of a contra-account would be Accumulated Depreciation.

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Accumulated Depreciation is a contra-account that is used to reduce the book value of long-term assets, such as property, plant, and equipment. As depreciation expenses are recorded over time, the Accumulated Depreciation account is increased with an offsetting credit, thereby reducing the original cost of the asset. This allows the company to report a more accurate and realistic value of their assets on their balance sheet.

An Example of a Contra-Account Would Be Accumulated Depreciation