Question
How do I post a prepaid advertising account to the balance sheet if it has a credit balance? I made an adjusting entry for a
How do I post a prepaid advertising account to the balance sheet if it has a credit balance? I made an adjusting entry for a prepaid advertising expense where I debited advertising expense for 500 and credited prepaid advertising for 500 so now I have a credit balance for prepaid advertising.
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Cost Accounting Fundamentals Essential Concepts And Examples
Authors: Steven M. Bragg
3rd Edition
0980069998, 978-0980069990
