On July 1, Team Shirts paid $600 for three months' worth of advertising beginning on July 1. What is the balance in the Prepaid advertising account at August 31?

A) $0
B) $200
C) $400
D) $600

B

Business

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To improve our interpersonal skills, we must first be aware of

A) the difference between interpersonal and technical skills. B) our level of intelligence. C) the ideal we are striving to attain. D) how we are perceived by people who interact with us.

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The cost of new common stock financing is higher than the cost of retained earnings due to ________

A) flotation costs and underpricing B) flotation costs and overpricing C) flotation costs and commission costs D) commission costs and overpricing

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