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Family Real Estate Agency incurs $3,500 advertising expense in the local newspaper on November 1, 2023, but payment is made on January 15, 2024. Using
Family Real Estate Agency incurs $3,500 advertising expense in the local newspaper on November 1, 2023, but payment is made on January 15, 2024. Using accrual accounting, the expense should appear on: OA. 2023 income statement. OB. 2024 income statement. OC. both 2023 and 2024 income statements. OD. The company can decide whichever income statement it prefers BLOOR Family Real Estate Agency incurs \$3,500 advertishg expense in the local newspaper on November 1, 2023, but payment is made on January 15, 2024 Using accrual accounting. the expense should appear on. A. 2023 income statempent B. 2024 income statement C. both 2023 and 2024 income statements. D. The company can decide whichever income statement it prefers
Family Real Estate Agency incurs $3,500 advertising expense in the local newspaper on November 1, 2023, but payment is made on January 15, 2024. Using accrual accounting, the expense should appear on: OA. 2023 income statement. OB. 2024 income statement. OC. both 2023 and 2024 income statements. OD. The company can decide whichever income statement it prefers BLOOR
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