Accrued Liability Term used in accounting to denote expenses incurred by a business that have not yet been paid. Such liabilities are recorded as short or long-term liabilities in the balance sheet. … [Read more...]
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Accrued Liability Term used in accounting to denote expenses incurred by a business that have not yet been paid. Such liabilities are recorded as short or long-term liabilities in the balance sheet. … [Read more...]