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XYZ Company has a December 31 year end. Prepare any required year end adjusting journal entry. Date is required but explanations are NOT required. XYZ

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XYZ Company has a December 31 year end. Prepare any required year end adjusting journal entry. Date is required but explanations are NOT required. XYZ advertises used radio advertisements. $12,000 was paid on July 1 for 12 separate advertisements. The original payment was debited to advertising expense, and 7 radio advertisements were completed by the end of the year. 7 B I E % c

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