On March 31,Baker Company received a bill and paid for advertising costs for the current month.This payment results in a:
A)debit to Cash.
B)debit to Prepaid Advertising.
C)debit to Advertising Expense.
D)credit to Advertising Revenue.

Question

Quizplus · Accepted Answer

The payment for advertising costs is an expense for the current month, so it is recorded as a debit to Advertising Expense.

On March 31,Baker Company Received a Bill and Paid for Advertising