SOP 93-7 concluded that advertising costs should be recorded as expenses rather than assets: Reporting the costs of all advertising as expenses in the periods in which those costs are incurred, or the first time the advertising takes place..
Nasser, Gamal Abdel 1918-1970. Gamal Abdel Nasser, who served as president of Egypt from 1956 to 1970, was born on January 15, 1918, in the small village of Bani Mor in the Egyptian province of Assiut, where he lived for eight years.
When Egyptian President Gamal Abdel Nasser nationalized the Suez Canal 50 years ago, it started a chain of events whose results are still being felt today. The late U.S. President Dwight D. Eisenhower reportedly once said his biggest regret was âSuez.â The event he was referring to began 50 years ago, on July 26, 1956, when the Egyptian President Gamal Abdel Nasser nationalized the British-and French-owned Suez Canal.