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.
The 1956 Suez Crisis. On July 26, 1956, Egyptian President Gamal Abdel Nasser nationalized. the Suez Canal. The ostensible reason for the nationalization was to use. the tolls to â¹nance the building of the Aswan Dam. Nasserâs action was an. act of revenge against the British and the French, who had previously held.