Question
If, for instance of paying Php600,000 in advance, the advertising fee is to be paid March 21,2012, covering the period from April 1,2011 untill the
If, for instance of paying Php600,000 in advance, the advertising fee is to be paid March 21,2012, covering the period from April 1,2011 untill the day of payment. What is the adjusting entry to be made on december 31,2011?
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Managerial Accounting
Authors: Wendy M. Tietz, Louis Beaubien, Karen W. Braun
3rd Canadian edition
134460826, 134460820, 9780134524818 , 978-0134526270
