Most of the year, I accrue expenses and cash payments without much thought.
2.
Accrued expenses have not yet been paid for, so they are recorded in a payable account.
3.
As of April 16, 2011, Pine had spent $ 324, 000 including accrued expenses, mostly on campaign staff and consultants.
4.
The additional liabilities resulted from foreign exchange adjustments, lease payments, payables to the International Air Transport Association, and other accrued expenses.
5.
While costs are added to the construction in progress, related CIP account is debited with corresponding credits to accounts payable, accrued expenses, inventory, cash, and others.
6.
To add to the confusion, some legalistic accounting systems take a simplistic view of'accrued revenue'and'accrued expenses ", defining each as revenue or expense that has not been formally invoiced.
7.
Unpaid period costs are " accrued expenses " ( liabilities ) to avoid such costs ( as expenses fictitiously incurred ) to offset period revenues that would result in a fictitious profit.
8.
Among other things, Olstein found that accounts receivable were rising almost 50 percent faster than revenues, while accrued expenses, a reserve set up by the company for future payments, fell 30 percent in the quarter.
9.
An example is an obligation to pay for goods or services received from a counterpart, while cash for them is to be paid out in a later accounting period when its amount is deducted from " accrued expenses ".
10.
Forgotston claims that Riser's amendment, labeled in the media as the " Edmonson Act ", would have applied to " hundreds of thousands " of current and future retirees in all departments of state government and would have increased taxpayer liability by " millions of dollars " in accrued expenses.
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