Question
(QuickBooks Online) Prepare the following adjusting entry for December 31,2021: Record the December web hosting expense (use Advertising/promotional expense) and then make the entry recurring
(QuickBooks Online) Prepare the following adjusting entry for December 31,2021: Record the December web hosting expense (use Advertising/promotional expense) and then make the entry recurring for the following eleven months.
Dec 7th 2021 Recieved a bill from Webworks for a year of Web hosting for $600. So I created the bill for $600. Dec 21 2021 Pay all the bills due to .... and WebWorks, print later. SO I payed the bill of $600.
Is it a Prepaid Advertising expense? How does the journal entry will look?
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Fundamentals Of Corporate Finance
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
6th Edition
9780072553079
