The journal entry needed to record $5,000 of advertising for Oxner Manufacturing would include:
A) a debit to Advertising Expense.
B) a credit to Advertising Expense.
C) a debit to Manufacturing Overhead.
D) a credit to Manufacturing Overhead.
E) a debit to Projects-in-Process.

Question

Quizplus · Accepted Answer

Advertising expenses are recorded as a debit to the Advertising Expense account to reflect the cost incurred.

The Journal Entry Needed to Record $5,000 of Advertising for Oxner