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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…

Documents By S.K Chik. Accruals and Deferrals 1) Accrued Expenses (Expenses Owing) –Expenses due and unpaid....

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…