Accounts I have to choose from are:

Cash

Accounts Receivable

Inventory

Prepaid Rent

Fixtures and Equipment

Accounts Payable

Interest Payable

Wages Payable

Notes Payable

Paid-in Capital

Retained Earnings

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The owners paid $3,500 for website advertising. They were able to get a good deal because one of the company's owners also owns stock in the website company. The owners also paid \$6,500 for some advertising in local newspapers. [Note: Combine both transactions into one entry.] Tries 0/5