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Approved advertising budget 15000. Until year-end, amount spend 8000. Bills from advertising co. 5,000. Could you make provision for unused budget?

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Question added by Deleted user
Date Posted: 2016/01/23
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Muhammad Kamran Gunjial
by Muhammad Kamran Gunjial , Assistant Accountant , 786 Solution

No. Can not Recognize provision for unused advertising budget because there is no past event from which present obligate arise.

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