By S.K Chik Accruals and Deferrals 1) Accrued Expenses (Expenses Owing) Expenses due and unpaid at the end of the period Transfer it to the P & L and shown as a liability…
By S.K Chik Accruals and Deferrals 1) Accrued Expenses (Expenses Owing) Expenses due and unpaid at the end of the period Transfer it to the P & L and shown as a liability…