On October 1, 2010, Pilcher's Inc. paid $60,000 to the Chicago Informer for newspaper advertisements that will run from November 1, 2010 through December 24, 2010. Which of the following journal entries should Pilcher's recognize on October 1, 2010?
A) 
B) 
C) 
D) 
E) 
Correct Answer:
Verified
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