Website advertising was purchased for $3,500. They were able to get a good deal because one of the company's owners also owns stock in the website company. The company also paid $6,500 for some advertising in local newspapers. [Note: Combine both transactions into one entry].

Website advertising was purchased for $3,500. They were able to get a good deal because one of the company's owners also owns stock in the website company. The company also paid $6,500 for some advertising in local newspapers. Note Combine both transactions into one entry Account: Retained Earnings Dollar amount: 0000 Account Cash Dollar amount 0000 Account Leave B Dollar amount Fail3 Leave%20Blank Account Leave Blank Dollar amount Foil Leave%20Blank Account Leave Blank Dollar amount Foll Leave 20elank Submit Answer Incorrect. Tries 1/5 Previous Tries