Business, Legal & Accounting Glossary
Accrued Liabilities are liabilities which have occurred, but have not been paid or logged under accounts payable during an accounting period; in other words, obligations for goods and services provided to a company for which invoices have not yet been received.
There are two general types of Accrued Liabilities:
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This glossary post was last updated: 18th April, 2020 | 6 Views.