An expense that is incurred, but not yet paid for, during a given accounting period.
Related information about accrued expense:
- Accrued Expense Definition | Investopedia
An accounting expense recognized in the books before it is paid for. It is a liability , and is usually current. These expenses are typically periodic and documented ...
- ACCRUED EXPENSES (ACCRUED LIABILITIES)
To put it another way, an accrued expense is paid after being recorded on the books. Every adjusting entry for accrued expenses debits an expense account ...
- Accounting Principles I: Accrued Expenses
An adjusting entry to accrue expenses is necessary when there are unrecorded expenses and liabilities that apply to a given accounting period. These ...
- Accrued Expense - Financial Dictionary - The Free Dictionary
On a balance sheet, an expense or asset that is recognized before it is paid. Accruals are recorded as liabilities or assets (depending on the type) and are ...
- Accrual - Wikipedia, the free encyclopedia
The commission is also an accrued expense (liability) on the balance sheet for the delivery period, but not for the next period the commission (cash) is paid out ...
- Accrued Expense: Definition from Answers.com
Costs that have been incurred but not paid during an accounting period. Example : Various types of accrued expenses will appear on the books until they.
- How to Accrue an Expense: 5 steps - wikiHow
Oct 13, 2012 ... An accrued expense occurs when an accounting period is coming to a close and there are unrecorded expenses and liabilities. For example ...
- Accrued Expense, Basic Accounting Transactions
Accrued expense refers to an expense that has been incurred but not yet paid. Examples of accrued expense items might be interest that has accrued on an ...