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Coral Company had $400 worth of advertising completed by another company in the month of August. No bill has been received nor has any payment
Coral Company had $400 worth of advertising completed by another company in the month of August. No bill has been received nor has any payment been made as of August 31. What would be included in the journal entry to record the transaction in August? OA a debit to Accounts Payable of $400. B. a credit to Advertising Expense of $400. OC. a debit to Advertising Expense of $400. OD. N/A, no journal entry should be recorded since no bill was received and no payment was made
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