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26. The with 27. he withdrawals by an owner has what effect on owner seg a. Increases cecreases . o effect The In July a con December 31 adusting en ry 15 : Y a company pays HO years advertising in advance. debit to Prepaid advertising and a credit to Advertising Expense. dobit to Advertising Expense and a credit to Prepaid Pdvertising. debit to Prepaid Advertising and a credit to cash. debit to Advertising Expense and a credit to Cash- When magazine company receives advance payment for a subscription, it would under the accrual basis of accounting debit Cash and credit Prepaid Subscriptions. debit Unearned Subscriptions Revenue and credit cash. debit Prepaid subscriptions and credit cash. d. debit Cash and credit Unearned Subscriptions Revenue. 29. b. Accumu.ated depreciation is what type of account? asset unearned liability revenue contra-asset