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A contra asset account such as Accumulated Depreciation increases with a:
ACoupon
BCustom
CCredit
DCheque
Answer & Solution
Correct answer: C. Credit
1. Assets increase with debits.
2. A contra account moves the opposite way.
3. So it increases with a credit.
_Source: OpenStax Principles of Financial Accounting, Chapter 4, The Adjustment Process._
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