Meaning of Accrued Expenses

How we at Bookkeeping Support Define the Meaning of Accrued Expenses:

Unpaid or unrecorded expenses, like salary, interest, and taxes, are referred to as accrued expenses.

How AI Define the Meaning of Accrued Expenses:

Accrued Expenses: Expenses that have been incurred but not yet paid, such as salaries or interest.

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