Short Answer
On 30 June,Dawes Pty Ltd receives an account for TV advertising for the month of June.It is not due for payment until August.The transaction would be recorded as:
A. DR Expenses payable CR Advertising expense
B. DR Advertising expense CR Prepaid expenses
C. DR Prepaid expenses CR Expenses payable
D. DR Advertising expense CR Expenses payable
Correct Answer:

Verified
Correct Answer:
Verified
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