A contra asset account has what type of balance? DEBIT-- CREDIT -- CONTRA -- ALL OF THE ABOVE

CREDIT

A contra asset is a negative asset account that offsets the balance in the asset account with which it is paired. 

Contra Asset  :  has Credit Balance

like Accumulated depreciation

and Allowance for doubtful accounts

Contra Assets Accounts deducted from Assets when reporting Balance Sheet

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Credit...................................................Thank you

A contra asset account must have a CREDIT balance

I agree with all, who the answer is credit.......

Thank you

Credit .......................................... Thanks

Contra means its opposite of a Balance Sheet normal Balance Account.

Allowance for Doubtful Account - It's a Contra Asset Account(Accounts Receivables)

Treasury Stock - It's a Contra-Equity Account.

For that specific question its CREDIT but never be Offsetted should be shown on the face of FS or if offsetted should be disclosed on the Notes to FS.

contra assets account has a credit balance