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Posted on Oct 18, 2024

On December 1 0 , a company pays $ 5 0 0 for advertising to appear on December 2 0 . On which date should

On December

10,

a company pays $

500

for advertising to appear on December

20 .

On which date should the expense be recorded under cash

-

basis

accounting?

Multiple Choice

December

10 .

December

20 .

One

-

half on each date.

None of the choices are correct.

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