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The Pink Peonies Law Firm prepays for advertising in the local newspaper On January 1, the law firm paid 54 800 for six months of

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The Pink Peonies Law Firm prepays for advertising in the local newspaper On January 1, the law firm paid 54 800 for six months of advertising How much advertising expense should Pink Peonies Law Firm record for the two months ending February 28 under the a. cash basis? b. accrual bash? a. Under the cash basis, for the two months ending February 28the law firm should record advertising expense of

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