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Intermediate accounting :On September 30th, Clinton Fink Auditing recorded an adjusting entry to recognize the expiration of one month of prepaid advertising. Originally, a prepayment

Intermediate accounting :On September 30th, Clinton Fink Auditing recorded an adjusting entry to recognize the expiration of one month of prepaid advertising. Originally, a prepayment of $39,000 was made on August 1st for three months advertising on a local radio station.

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