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Business, 16.02.2021 04:20 jamiahfernandes14

In November 2019, Yammy Fun Inc. purchased advertising for $1,000 that ran in the local November news paper. All purchases and services are made on credit. The bookkeeper, Patrick Fitz, recorded the advertising by crediting Supplies Inventory (asset) and debiting accounts payable. In 2020 (the following year), the new bookkeeper, Tua, saw this entry and asked you to help him analyze the entry. What is the correcting entry for 2020? Group of answer choices

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In November 2019, Yammy Fun Inc. purchased advertising for $1,000 that ran in the local November new...

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