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Advertiser's Records and Payment Options

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Please choose the correct answer and explain in a few words why:

1. In an advertiser's records, a newspaper ad submitted and published this week with the agreement to pay for it next week would:

a. Increase liabilities and increase expenses.
b. Increase assets and decrease liabilities.
c. Decrease assets and increase revenue.
d. Decrease assets and decrease expenses.

2. See attachment for second question

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This solution discusses advertiser's records and payment options.

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1. In an advertiser's records, a newspaper ad submitted and published this week with the agreement to pay for it next week would:

a.Increase ...

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