A business makes a payment in cash for advertising expense.Which of the following accounts is credited?
A) Prepaid Advertising
B) Accounts Receivable
C) Cash
D) Advertising Expense
Correct Answer:
Verified
Q138: A business prepays four months' office rent.Which
Q139: A business makes a cash payment to
Q140: A business purchases $1,000 of office supplies
Q141: A business borrows cash by signing a
Q142: A business repays the amount borrowed on
Q144: Which of the following journal entries
Q145: List the four parts of a journal
Q146: For each transaction,identify which account is
Q147: Van Jones is the owner of a
Q148: A business purchases equipment by paying $7,517
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents