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In an Advertiser's records, a newspaper ad submitted and publisdhed this week with the agreement to pay for it next week would:

A. Decrease assets and decrease expenses.

B. Increase liabilities and increase expenses.

c. Decrease assets and increase revenue.

D. Increase assets and decrease liabilities

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9434807

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