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On 30 June,Dawes Pty Ltd Receives an Account for TV \quad

Question 46

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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 \quad CR Advertising expense

B. DR Advertising expense \quad CR Prepaid expenses

C. DR Prepaid expenses \quad CR Expenses payable

D. DR Advertising expense \quad CR Expenses payable

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