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Journal Entry: Paid 300 for three months of advertising on a website. The ad will run from December 15 to March 15 Adjusting Entry: Compute
Journal Entry: Paid 300 for three months of advertising on a website. The ad will run from December 15 to March 15 Adjusting Entry: Compute and record the advertising expense for the month of december. As always, pay careful attention to all dates Debit- Pre paid insurance expense 300 and Credit- cash 300 for the journal entry. Can you help me with the adjusting entry?
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