In a contra-asset account, debits would cause the account balance to ___ and credits would cause the account balance to ___.

Name: In a contra-asset account, debits would cause the account balance to ___ and credits would cause the account balance to ___.
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Question

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In a contra-asset account, debits decrease the balance because contra-asset accounts have a normal credit balance, opposite to regular asset accounts. Credits increase the balance, further reducing the value of the asset it is contra to.

In a Contra-Asset Account, Debits Would Cause the Account Balance