A company received a bill for newspaper advertising services, $$400.$ The bill will be paid in $10$ days. How would the transaction be recorded today?

Multiple Choice

Debit Accounts Payable $$400,$ credit Advertising Expense $$400$

Debit Accounts Payable $$400,$ credit Cash $$400$

Debit Advertising Expense $$400,$ credit Cash $$400$

Debit Advertising Expense $$400,$ credit Accounts Payable $$400$