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The Adjustment Entry for the Expiration of Prepaid Advertising,originally Recorded

Question 197

Multiple Choice

The adjustment entry for the expiration of prepaid advertising,originally recorded as an asset,is


A) Advertising Expense - Debit; Prepaid Advertising - Credit
B) Prepaid Advertising - Debit; Cash - Credit
C) Advertising Expense - Debit; Cash - Credit
D) Prepaid Advertising - Debit; Advertising Expense - Credit

Correct Answer:

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