Accounts
This query is : Resolved
15 July 2015
What is the difference between accrued expenses, O/s expenses and contingent liabilities?
15 July 2015
https://www.investopedia.com/terms/c/contingency.asp
15 July 2015
DEFINITION of 'Accrued Expense' 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.
15 July 2015
https://www.answers.com/Q/What_is_the_definition_of_outstanding_expenses
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