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متابعة

What are accrual expenses?

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تم إضافة السؤال من قبل George Caesar- Cert CII®, IFCE® , Marketplace Manager -eCommerce , Saudi Company for Hardware - SACO
تاريخ النشر: 2015/03/09
Crina Cosbuc
من قبل Crina Cosbuc , Sales Business Development Manager , Bierholm / Creadore A/S

An accounting expense recognized in the books before it is paid for. These expenses are typically periodic and documented on a company's balance sheet due to the high probability that they will be collected.

Anas  Dawah
من قبل Anas Dawah , Senior Internal Auditor , Talal Abu-Ghazaleh Global (TAGI)

accrual Expenses are Expenses that actually incurred but not yet pad ,or billed, so they reported as Liabilities until they paid 

Muhammad Asif
من قبل Muhammad Asif , Accountant , Prestige Plastics LLC

accrual expenses are those which has been occurred in the past financial year but still payable and the nature is current liability  

Samsheer ck samsheer
من قبل Samsheer ck samsheer , Accounts Manager , Al madina group

 Accrued expense is expense which has been incurred but not yet paid. Expense must be recorded in the accounting period in which it is incurred.

Ahmed kandil
من قبل Ahmed kandil , Cost Controller , Battour Holding Cpompany

it is the the value of services or goods provided in the last periods and has not paid till now 

in other words it is expenses pertain other last period 

it is current liabilities 

Mir Mujtaba Ali
من قبل Mir Mujtaba Ali , Internal Audit Manager , Confidential

An accrued expense is an expense that has been incurred, but for which there is not yet any expenditure documentation. In place of the expenditure documentation, a journal entry is created to record an accrued expense, as well as an offsetting liability.

In the absence of a journal entry, the expense would not appear at all in the entity's financial statements in the period incurred, which would result in reported profits being too high in that period.

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