The Blue Hydrangea Law Firm prepays for advertising in the local newspaper On January 1, the law firm paid $12,000 for eight months of advertising How much advertising expense should Blue Hydrangea Law Fim record for the two months ending February 28 under the a. cash basis? b. accrual basis? a. Under the cash basis for the two months ending February 28, the law firm should record advertising expense of b. Under the accrual basis for the two months ending February 28, the law firm should record advertising expense of