Question

write short notes on:
a: product advertising
b:Receipts and Payment account​

Answer 1

Explanation:

Product advertising is the art of building and maintaining product awareness with potential buyers. A good advertising program educates potential customers on why they need the product, how it is used and the benefits derived from its use.

Receipt and payment account functions as a summary of cash payments and receipts of an organisation during an accounting period. ... It does not differentiate between the receipts and payments, whether they are of capital or revenue in nature and records all cash and bank transactions of both capital and revenue nature