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 Glossary   >   A   >   "Accrued Expense" Definition   

        Accrued Expense

An accounting expense recognized in the books before paying for it. It is a liability, usually current. These expenses are typically periodic and documented upon a company"s balance sheet due to the high probability of collection.

Accrued Expense


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Accrued Expense - An accounting expense recognized in the books before paying for it. It is a liability, usually current. These expenses are typically periodic and documented upon a company"s balance sheet due to the high probability of collection.


Accrued Expense : an accounting expense recognized in the books before paying for it. it is a liability, usually current. these expenses are typically periodic and documented upon a company"s balance sheet due to the high probability of collection.