167 on november 15th netsolutions purchases an advertising campaign for the month of 4297122
167. On November 15th NetSolutions purchases an advertising campaign for the month of December. NetSolutions paid cash of $1,825.00 to attain the best pricing available.
(a) Write all necessary journal entries for this situation through December 31st.
(b) Explain, briefly, why you wrote this/these journal entries.
168. On January 2nd Reading Delight Monthly receives a check for $24 from a subscriber that is purchasing a 12 month subscription. The January issue will be mailed on January 15th. Write the two January journal entries and (briefly) justify your use of dates.