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Question 89 1 pts Under accrual accounting, the payment of $15,000 at the end of the fiscal year (2012) for a special advertising campaign that
Question 89 1 pts Under accrual accounting, the payment of $15,000 at the end of the fiscal year (2012) for a special advertising campaign that will run in the first three months of 2013 would effect the 2012 financial statements by decreasing cash by $15,000 and generating a $15,000 increase in: a prepaid asset account advertising expense O a prepaid liability account
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