Question: I would like about a 250 word answer please Tyler Corporation started its operations in March. During the first year of operation, a significant amount

I would like about a 250 word answer please

Tyler Corporation started its operations in March. During the first year of operation, a significant amount of money was spent on attorneys fees and promotional expenses connected with organizing the corporation. The amount of revenue Tyler Corporation earned for the year was much higher than expected. Because of this, the accountant decided to charge the attorneys fees and promotional expenses to advertising expense in the current year.

1. If the accountant simply was not aware of the proper treatment of these expenditures, were any ethical principles violated? Why or why not?
2.Howwouldyouhavetreatedtheseexpenditures?

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