What Are Liabilities? Definition, Examples, and Types
- Kategori: Genel
- Yorum Yok
Accrued Expenses are expenses that a company has incurred but not yet paid. These expenses are recorded in the income statement and the corresponding liability is reported in the balance sheet. Examples of accrued expenses include wages payable, interest payable, and rent expenses. As businesses liability account definition continuously engage in various operations, their liability […]
Devamını Oku