On 30 June,Dawes Pty Ltd Receives an Account for TV $\quad$

question 46

Short Answer

On 30 June,Dawes Pty Ltd receives an account for TV advertising for the month of June.It is not due for payment until August.The transaction would be recorded as:
A. DR Expenses payable $\quad$ CR Advertising expense

B. DR Advertising expense $\quad$ CR Prepaid expenses

C. DR Prepaid expenses $\quad$ CR Expenses payable

D. DR Advertising expense $\quad$ CR Expenses payable

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Definitions:

Trivial Details

Information or aspects that are considered insignificant or of little importance in the larger context or scheme of things.

Expressed Emotion

Expressed Emotion refers to a measure of the family environment that is based on how much criticism, hostility, and emotional over-involvement are expressed towards a family member with a mental illness.

Schizophrenia

A chronic brain disorder known for affecting a person's thinking, feeling, and behavior, leading to symptoms like delusions, hallucinations, and disorganized speech.

Relapse

A return to a previous state of health deterioration or the reappearance of symptoms after a period of improvement or recovery.