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Re: 1gumbi post# 103711

Tuesday, 01/30/2018 6:55:15 PM

Tuesday, January 30, 2018 6:55:15 PM

Post# of 127607
Let me help:

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.

https://www.investopedia.com/terms/a/accruedexpense.asp

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