English, asked by rahulsinha6464, 9 months ago

Paid advertising expenses

Answers

Answered by Anonymous
4

Answer:

\huge\underline\green{\mathcal Answer :-}

When you receive a bill for advertising, debit your advertising expense and credit your accounts payable account. When you pay the bill, you would reverse the entry and debit accounts payable and credit cash. If you pay for the advertising directly with cash, debit advertising expense and credit cash.

THANK YOU AND MARK AS BRAINLIST

Similar questions