Are mailing lists is prepaid or period expense?, Accounting Basics

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Are mailing lists are considered as prepaid or period expens?


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2/19/2014 2:55:34 AM

 

It is a period expense because the cost can be directly assigned for specific period. According to the rules if the entire use to which a cost can be put is consumed in the current accounting period (such as rent or utilities) it is probably a period cost, whereas it can be linked to a product or is divided in multiple periods, but not as a period cost.

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