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-   -   Journalize paid advertising and other selling expenses of $6500 (https://www.askmehelpdesk.com/showthread.php?t=613519)

  • Nov 19, 2011, 08:28 PM
    geoaguilar
    Journalize paid advertising and other selling expenses of $6500
    Journalize paid advertising and other selling expenses of $6500
  • Nov 20, 2011, 11:30 AM
    pready
    Debit Advertising Expense for the amount of advertising
    Debit Misc Selling Expneses (or other appropriate Expnse account) for the difference between the two amounts
    Credit Cash for the total amount paid

    Use the appropriate Expense Acocunts. Your text should tell you what accounts you have or will use. You need to read the problem carefully.

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