Accountancy, asked by manu2493, 10 months ago

why should we recorded advertisement expense in assets side in balance sheet​

Answers

Answered by pratik03
1

Answer:

It is prepaid Advertisement which is appears in Assets side of Balance sheet!!

corresponding entry will be

Prepaid Advertisement A/c Dr . xxx

To Advertisement A/C. xxx

Answered by anjalimishra1532000
1

Answer:

Advertisement is deffered revenue expandeture which is written off every year because its profit company earn every year hence its balance amount is showed in asset side which will be written off in next years

Explanation:

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