Multiple Choice
On February 1, Potter Company paid £900 for advertisements to run during the month of February. This transaction will
A) decrease Cash and increase Advertising Expense by £900.
B) increase Advertising Expense and increase Accounts Payable by £900.
C) decrease Accounts Payable and decrease Cash by £900.
D) decrease Cash and decrease Advertising Expense by £900.
Correct Answer:
Verified
Correct Answer:
Verified
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