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04-17-2017 Assignment #6 - Analysis of the Effects of Capitalizing Versus Expensing d. What would be the impact on LBMH's balance sheet, income statement and

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04-17-2017 Assignment #6 - Analysis of the Effects of Capitalizing Versus Expensing d. What would be the impact on LBMH's balance sheet, income statement and cash flow state- ment if, on October 1, 2014, the company decided to switch to expensing its deferred advertis- ing costs and "write-off" the $26,936 of deferred advertising on its September 30, 2014 bal- ance sheet

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