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What is an expense owing?

Ava Davis | 2023-05-07 23:43:53 | page views：1680
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Zoe Taylor

Studied at the University of Auckland, Lives in Auckland, New Zealand.
An accrued expense is 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 on a company's balance sheet due to the high probability that they will be collected.
2023-05-09 23:43:53
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Savannah White

QuesHub.com delivers expert answers and knowledge to you.
An accrued expense is 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 on a company's balance sheet due to the high probability that they will be collected.
Accrued Expense - Investopedia
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