Accrued Expenses are when a company puts down costs on its balance sheet before they actually pay them. This is usually because the liability is frequent and regular (i.e. wages).
The reason the company can claim this as liabilities in advance is because there is a very high probability that they will be paid. Accrued Expenses are found on the Balance Sheet under Current Liabilities.
Related Terms
Plus make sure to see my post <a href="http://www.wallstreetoasis.com/blog/how-i-got-a-770-on-the-gmat-with-minimal-effort-while-working-banking-hours%E2%80%A6">How I got a 770 on the GMAT with minimal effort while working banking... phantombanker's GMAT Study Guide |
A week or two ago there was an article written about how your weight might inversely effect you during the hiring process. During the conversation I dropped some personal information about me losing 130 (now 135 pounds). I was PM’d by somebody asking me to tell my story. Well I have some free... How finance saved and gave me a life |
<em>Mod (Andy) note: </em><a href="http://www.wallstreetoasis.com/blog/phantombankers-gmat-study-guide">Here is the link to his study guide</a>
Background: I recently took the GMAT and scored a 770 on my first and only try. Long story short, I studied and took... How I got a 770 on the GMAT with minimal effort while working banking hours… |
Hey guys, it’s been some time since I posted regularly on this site. That’s what happens when you start working in finance; you don’t have any time. So why am I posting? It’s because I am seeing an injustice being done to a lot of military guys (and gals) who are discovering they want to... To all Military who want to work in IB/PE/Consulting |
There was much wailing and gnashing of teeth at the close on Friday over the perceived lack of performance in the Facebook IPO. The stock priced at $38, opened at $42.50 (after a few hiccups at the NASDORK), and closed at exactly $38 after an effort by the syndicate members akin to the Spartans at... IPO Pricing 101 |
<a href="http://www.wallstreetoasis.com/blog/what-does-the-labor-participation-rate-say-about-our-society">Back on the topic of what the composition of the labor force says about our society</a>, the New York Times recently put out this <a... Grandpa And Grandma Are Taking Our Jobs |
The Clear Admit Shop currently has <em>free b-school "snapshot" guides</em> <a href="http://clearadmit.shop.studylink.com/index.cfm?onsale=1">available for download here.</a>
The guides aren't terribly comprehensive, but can serve as a... Free B-School Guides! |
There she is again: Diane Sawyer, the primary ABC evening news anchor, with another installment in their interminable series of reports on imports and employment in America. I could just strangle her.
One week their (alleged) reporters go to people’s houses and look at everything the occupants... Sawyer’s Syndrome: The ABCs of Trade and Employment |
Fellow Primates,
We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a... WSO Campus Representative Program |
Hey Guys,
Been using this site for a while now and figured it would be beneficial for me to give back a bit. For starters, I thought I would detail my experiences using linkedin and cold emails to land a summer offer.
Coming from a semi-target undergrad b-school, I had my hands full.... How I used LinkedIn to get Interviews and Land Offers |
| User | Silver Bananas |
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| CompBanker | 747 |
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| UFOinsider | 459 |
| Nouveau Richie | 377 |
| Midas Mulligan Magoo | 369 |
| TheKing | 341 |
| cphbravo96 | 338 |
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| Edmundo Braverman | 11032 |
| WallStreetOasis.com | 10271 |
| happypantsmcgee | 9323 |
| UFOinsider | 8154 |
| CompBanker | 7796 |
| IlliniProgrammer | 7660 |
| Midas Mulligan Magoo | 5250 |
| monty09 | 5173 |
| cphbravo96 | 4430 |
