Daymond John mentioned that in order to find strategic partner he paid $2,000 for a classified advertisement in the local (NY) newspaper. Assume that he paid for ad in December and the advertisement appeared in the newspaper in January of the next year. What journal entry FUBU recorded in December? Net Assets Liabilities Stockholders' Equity Revenue Expense = Options Cash + Prepaid advertisement 2.000 Accounts payable Unearned revenue Common Stock Retained warnings A + + + D (2.000) + (2.000) + (2.000) + (2.000) + + + 2.000 (2.000) 2.000 2.000 (2.000) (2.000) + + D 2.000 + O Option A O Option B O Option C O Option D Question 6 0.75 pts Daymond John mentioned that in order to find strategic partner he paid $2,000 for a classified advertisement in the local (NY) newspaper. Assume that he paid for ad in December and the advertisement appeared in the newspaper in January of the next year. What journal entry did FUBU make when it recognized Advertisement expense in January? -Quiz4 Q6.png O Option A O Option B O Option C O Option D