A company received a bill for newspaper advertising services received, $400. The bill will be paid in 10 days. How would the transaction be recorded today

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asked Dec 4, 2018 53.8k views

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A company received a bill for newspaper advertising services received, $400. The bill will be paid in 10 days. How would the transaction be recorded today

Business
high-school

TanguyB asked

by TanguyB

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Debit Advertising expense $400, credit accounts payable 400.

Maguschen answered Dec 11, 2018

by Maguschen

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