Question: Indicate which journal entry must be recorded for the following economic event on the exact day of the event: January 20. Ordered 300 personal cards


Indicate which journal entry must be recorded for the following economic event on the exact day of the event: January 20. Ordered 300 personal cards and 100 brochures. Total paid for the rush order is $500 ($1 each personal card and $2 each brochure). Johanna will start distributing them at the high end event of January 25th. Multiple Choice Dr Advertising Expense $500 and Cr Cash $500 O Dr Prepaid Advertising $500 and Cr Accounts Payable $500 O None of the other alternatives are correct O Dr Prepaid Advertising $500 and Cr Cash $500 O No journal entry
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