English, asked by rahulsinha6464, 1 year ago

Paid advertising expenses

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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.

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