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Hope this helps
-Zayn Malik 1795
Answer:
c. Net income will be overstated for the current year.
Explanation:
Depreciation is defined as the reduction in the value of an asset over the period of it's useful life.
The deductions are calculated and taken out of the asset value on the balance sheet.
The adjusting entry for depreciation at the end of year is a debit to Depreciation Expense and a credit to Accumulated depreciation.
If this entry is no passed it means that Depreciation Expense is not recognised for that year.
Net income will be overstated because generally expenses will be understated.
Answer: Internet
Explanation:
Online advertising helps organizations find the right audience as the ones who are really interested in the products that are being sadvertised are targeted.
Internet advertising tools such as, social media, display ad and video ads helps the task of reaching ones target audience easier. This can enhance strong relationships with ones customers create a more interactive approach to advertising.
