E-commerce
Prepaid Social Media Ad Campaign
Recording a large upfront payment for a 3-month marketing campaign on Meta or Google Ads.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Prepaid Advertising | Asset (+) | 3,000.00 | - |
| Cash | Asset (-) | - | 3,000.00 |
💡 Accountant's Note
Just like rent, advertising should be expensed as the ads are actually shown, not necessarily when the invoice is paid.
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Expert Analysis by Qusai Ahmad
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