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The Blue Nile Law Firm prepays for advertising in the local newspaper. On January 1, the law firm paid $1,750 for six months of advertising.
The Blue Nile Law Firm prepays for advertising in the local newspaper. On January 1, the law firm paid $1,750 for six months of advertising. Blue Nile Law Firm recorded $1,750 in the Prepaid Advertising account. | ||
Accrual basisCash basiscorrect | ||
If Blue Nile Law Firm had recorded their expenses using the other method, how much advertising expense would they have recorded for the two months ending February 28? Enter this value as a positive number |
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