During its trading year, a business spent $5750 on advertising. Within this total, $500 related to the following financial year. How would the proper handling of the $500 affect the financial statements?
- Aprofit for the year: decrease; net current assets: decrease
- Bprofit for the year: decrease; net current assets: increase
- Cprofit for the year: increase; net current assets: decrease
- Dprofit for the year: increase; net current assets: increase