What is an example of an accrual?
Accrued expenses are expenses that a business incurs, but hasn't yet paid yet. For example, a company might receive goods or services and pay for them at a later time. It's a similar concept to buying something with a credit card.Nov 29, 2023
Accrued expenses are expenses that a business incurs, but hasn't yet paid yet. For example, a company might receive goods or services and pay for them at a later time. It's a similar concept to buying something with a credit card.Nov 29, 2023
