The journal entry needed to record the receipt of a bill from the company's marketing agency would include a

Name: The journal entry needed to record the receipt of a bill from the company's marketing agency would include a
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Question

Quizplus · Accepted Answer

The receipt of a bill from the marketing agency is an expense for the company, and the appropriate account to record this expense would be the Marketing Expense account. Therefore, the journal entry would include a debit to the Marketing Expense account.

The Journal Entry Needed to Record the Receipt of a Bill