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How would the transaction be recorded today

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Question - A company received a bill for newspaper advertising services, $340. The bill will be paid in 10 days. How would the transaction be recorded today?

Debit Accounts Payable $340, credit Cash $340

Debit Advertising Expense $340, credit Cash $340

Debit Advertising Expense $340, credit Accounts Payable $340

Debit Accounts Payable $340, credit Advertising Expense $340

Reference no: EM132637739

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