The journal entry needed to record $5,000 of advertising for Westwood 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 an expense, so the correct entry would be a debit to Advertising Expense to increase the expense account.

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