How to Record Accrued Expenses | Journal Entry | What is an Accrued Expense?
In this video we will cover the following :
What is an Accrued Expense
How to record Accrued Expenses
These are the following journal entries for Recording an Accrued Expense
Dr Expense
Cr Accrued Expense
When the expense has been paid
Dr Accrued Expense
Cr Bank/Cash
Accrued Income Tutorial Link : • How to record Accrued income | Journa...
"For God so loved the world that He gave His only begotten Son, that whoever believes in Him should not perish but have everlasting life."
John 3:16
" For the wages of sin is death, but the gift of God is
eternal life in Christ Jesus our Lord."
Romans 6:23
There is a God who loves you and who deeply cares for you, so much so that He gave His only precious Son to die on a cross for our sins, He is a Holy and Righteous God yet He made a way for us to be justified by the blood of His Son Jesus Christ, and through Him God has given us the gift of eternal life, saving us from the penalty of our sins in Hell . He has come that we may have Life.
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