(Solution) - Davidson s Food Mart paid 1 200 in advance to the local -(2025 Original AI-Free Solution)

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Davidson?s Food Mart paid $1,200 in advance to the local newspaper for advertisements that will appear monthly. The following entry was made:

At the end of the year, December 31, 20--, Davidson received notification that advertisements costing $800 had been run. Prepare the adjustingentry.