Accountancy, asked by jaskarnchandhok, 1 month ago

advertisement expenditure to be written off yet, will apper on the -----. side of balance sheet
a)debit
b)credit
c)assets
d) liabilities
answer with explaination pls​

Answers

Answered by daive
1

Answer:

assets

Explanation:

hope it helps thank you

Answered by steffiaspinno
1

Advertisement expenditure to be written off yet will appear on the assets side of the balance sheet.

  • Advertising Expense alludes to cost brought about in advancing a business, like distributions in periodicals (papers and magazines), TV, radio, the web, announcements, fliers, and others.
  • Since the bookkeepers can't gauge the future advantage of the promotion, the publicizing costs should be accounted for as Advertising Expense at the time the advertisements are run.
  • Advertising Expense is an expense account. It is part of operating expenses in the income statement.
  • These settlements ahead of time are treated as resources (Prepaid Advertising) and just become a piece of cost once the promoting administrations have been performed.

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