Crucial Role of Accrued Expenses in Business Finances

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2026-01-05 04:20:35 -

Expenses are common in a business, and no business can run without facing them. Some expenses come suddenly, some are planned, and some are incurred. A type of expense among these is the accrued expenses. It’s common to view these accrued expenses in the liability section rather than the income statement. Usually, the expenses will be recorded in the income statement. Then why do the...

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