Accrued Expenses vs Accounts Payable: What They Are & How Theyre Different Order to Cash Knowledge Center
In this case, the company will record the interest as an accrued revenue in its books until it receives payment from the bond issuer. In the above example, everything but accounts payable are accrued expenses. Accrued Accounting for Technology Companies expenses are expenses a company needs to account for, but for which no invoices have [...]