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In November Year 2 your accounting firm placed a one-time website advertisement with Todays CPA. This is your first ad with this vendor. You pay
In November Year 2 your accounting firm placed a one-time website advertisement with Todays CPA. This is your first ad with this vendor. You pay for the one-time advertising with your companys Citibank Visa credit card. Below is the transaction you completed for this purchase. If you ran the report Transaction List by Vendor, for all dates, what dollar amount will appear under the vendor Todays CPA? Why?
Expense Payee Citibank Visa Payment account 213 Citibank Visa Payable Balance $0.00 Payment method Ref no. Payment date 11/30/2 VISA Category details CATEGORY DESCRIPTION AMOUNT 1 631 Marketing Costs:Advertising expense website ad 250.00 2Step by Step Solution
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