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10f 104 complete) core: 1 of 2 pts S3-1 (similar to) The Jack Frost Law Fim prepays for advertising in the local newspaper. On January

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10f 104 complete) core: 1 of 2 pts S3-1 (similar to) The Jack Frost Law Fim prepays for advertising in the local newspaper. On January 1, the law firm paid $8,400 for seven months of advertising How much advertising expense should Jack Frost Law Firm record for the two months ending February 28 under the a. cash basis? b. accrual basis? a. Under the cash basis, Jack Frost Law Firm will record $ 8,400 of advertising expense for the two months ending February 28 - Of advertising expense for the two months b. Under the accrual basis, Jack Frost Law Firm will record $ ending Februry 28. ofadverting expense for the woment s

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