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(Querist)
26 January 2011 in trial balance advertisement expenses is rs-5500

in adjustment- rs 5000 out of the advertisement expenses are to be carried forward.
what is treatment in p&l and balance sheet
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
26 January 2011 Debit prepaid

and credit Advt. exp.

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