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The Red Violets Law Firm prepays for advertising in the local newspaper. On January1, the...

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Accounting

The Red Violets Law Firm prepays for advertising in the local newspaper. On January1, the law firm paid $ 900 for 6 months of advertising.
How much advertising expense should Red Violets Law Firm record for the two months ending February 28 under the
a. cash basis?
b. accrual basis?

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