Significant new television advertising campaign

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Assume Home Depot had a significant new television advertising campaign that was to be rolled out during the Super Bowl. Assume the Super Bowl was played on February 7, 2016. All the costs associated with this advertising campaign were paid to the advertising agency by December 2015. How are these costs reflected in Home Depot’s financial statements for the year ended January 31, 2016? How do you know?

Reference no: EM131452652

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