Question
in April Pratt corporation made an advanced payment of $14,000 to a local company for advertising that would run during October. It is now October
in April Pratt corporation made an advanced payment of $14,000 to a local company for advertising that would run during October. It is now October 31 and the advertising has run assuming original entry was applied to prepaid advertising back in April. What would the adjusting entry be?
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
3rd edition
77639731, 978-0077639730
