The accrual of an expense was not recorded. this would

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Manuel

Mathematics

22 May, 03:57

The accrual of an expense was not recorded. this would

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Kathleen Luna · Answer 1

Accrued expenses are expenses that have occurred but are not yet recorded in the company's general ledger. This means these expenses will not appear on the financial statements unless an adjusting entry is entered prior to issuing the financial statements.

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