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Business, 27.02.2020 21:11 thuzar

Prepaid Advertising Debit Balance $1100

GBI’s advertisement in the English language edition of Italian Cycling Journal was published today. This ad was prepaid at the end of July for six months of advertising, August through January, (Five months of advertising have already been used.)

What would the journal entry be?

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Prepaid Advertising Debit Balance $1100

GBI’s advertisement in the English language edit...
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