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On July 1, Saints Incorporated placed an order with a vendor for advertisements scheduled to air during the month of September. On August 7, they
On July 1, Saints Incorporated placed an order with a vendor for advertisements scheduled to air during the month of September. On August 7, they paid $9,000 in cash for the order placed on July 1. The advertisements aired on Hulu throughout the month of September. In which month should the $9,000 of advertising expense be recorded?
August
July
$3,000 of expense should be recorded in each month: July, August and September.
September
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