Increased by this advertising adjusting entry

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Reference no: EM13790631

At the end of the quarter, a company did an adjusting entry to record the fact that $1,000 of Prepaid Advertising had been used up during the quarter.

Which of the following items would be increased by this advertising adjusting entry? (check all that apply)

a) SG&A Expense

b) Net Income

c) Cost of Goods Sold

d) Cash

e) Prepaid Advertising

Reference no: EM13790631

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