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what the right choice for both questions ? Al Reem company paid $18,430 advertising expenses in advance. The journal entry would require(CLO 3) Select one:
what the right choice for both questions ?
Al Reem company paid $18,430 advertising expenses in advance. The journal entry would require(CLO 3) Select one: O a. Debit to Cash, credit to Prepaid advertising. O b. Debit to Cash, credit to advertising expenses. c. Debit to Prepaid advertising, credit to Cash. O d. Debit to advertising expenses, credit to Cash. Clear my choice 0 Sami invested $ 64,700 in his business. The journal entry would include a: (CLO 4) Select one: O a. credit to Cash for $64,700 and a debit to Capital for $64,700. O b. debit to Cash for $64,700 and a credit to Sales for $64,700. O c. debit to Cash for $64,700 and a credit to Dividends for $64,700. d. debit to Cash for $64,700 and a credit to Capital for $64,700 Step by Step Solution
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