Phrases with «accrued expenses»

Accrued expenses refer to the costs or expenses that a company has incurred but not yet paid for. These expenses are recorded in the accounting books as liabilities, as the company has an obligation to pay for them in the future. They represent the money owed by the company for services or goods received but not yet settled. Once the expenses are paid, they are no longer considered accrued. Full definition

Sentences with «accrued expenses»

  • The fund has $ 35,000 of accrued operational expenses and $ 15,000 of other accrued expenses. (investopedia.com)
  • Building upon it, I would like to call your attention to my skills in managing both billing and renewals processes, analyzing information and options by developing core spreadsheet reports, and preparing payments by accruing expenses and reconciling accounts. (coverlettersandresume.com)
  • Current Liabilities = Accounts Payable + Notes Payable + Short - Term Loans + Current Portion of Long - Term Debts + Accrued Expenses + Unearned Revenue + Other Short - Term Debts (valuepenguin.com)
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