Advertisements will go in the expense account and accrued wages for the month will be recorded as accrued expenses.
What would this be
Accrued wages for the month will be recorded as a liability, typically in an account named "Accrued Wages Payable" or "Salaries Payable." This reflects the amount owed by the company to its employees for work done but not yet paid as of the end of the accounting period.
These expenses are categorized as operating expenses and are typically found in an account named "Advertising Expense" or similar.
Hence we have this expenses as the accrued expense and the expense goes to expense account.
Question
Under which accounting heads will a company’s accountant record costs for advertisements and accrued wages for the month?
Advertisements will go in the BLANK account, and accrued wages for the month will be recorded as BLANK.