Accrued Advertising Expense Journal Entry

Accrued Advertising Expense means that payment is not made to advertising company for the advertising campaign delivered by advertising company to the advertiser company.

Outstanding / Accrued Advertising Expense Journal Entry / Advertising Expense Payable

                            Advertising Expense a/c  XXX

                                                                  Accrued Advertising a/c  XXX

                                                (Advertising Accrued for the Month)

Also Study, “Advertising Expense Journal Entry”

It is a Current Liability for the advertiser company to pay to the advertising company for the advertising campaign it delivered for the month. So, the advertiser company had already received the services but the payment is still to be made for the accounting period.