An amount of Rs.68,000 was paid on 3/3/17 for advertisement in a newspaper. This was published in the newspaper on 3/4/17. This expenditure will be shown as __

• A. Liability in the balance sheet on 31/3/17
• B. Prepaid expenses on the assets side of Balance Sheet on 31/3/17
• C. An expense in the Profit and Loss A/c for the year ended 31/3/17
• D. None of the above