Multiple Choice
During the month of October, Ford advertised on the Internet. Ford received the bill for $600 in October, but waited until November to pay the advertising expense. The journal entry to record the payment in November is
A) Accounts Payable debit; Cash credit.
B) Advertising Expense debit; Accounts Payable credit.
C) Advertising Expense debit; Cash credit.
D) A journal entry is not made in November.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: If Prepaid Rent has been debited, it
Q84: Describe the difference in information contained in
Q155: The PR column of the journal should
Q156: Which of the following entries records the
Q157: The credit part of the transaction is
Q158: Leona James, a student in your class,
Q159: The order of the flow of accounting
Q161: A slide is an error that results
Q164: When the telephone bill for this period
Q165: The proper format for a journal entry