1. Accrued revenue: Revenue that has been earned but not yet received or recorded in the financial statements. 2. Accrued expenses: Expenses that have been incurred but not yet paid or recorded in the financial statements. 3. Accrued interest: Interest that has been earned but not yet received or recorded in the financial statements. 4. Accrued taxes: Taxes that have been incurred but not yet paid or recorded in the financial statements. 5. Accrued salaries: Salaries that have been earned by employees but not yet paid or recorded in the financial statements.
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Google Gemini AI
Aug 26
Expense Accruals
- Accrued Salaries and Wages: Earnings that are owed to employees but have not yet been paid. - Accrued Rent: Rent that has been earned but not yet received. - Accrued Interest: Interest that has been earned but not yet received. - Accrued Utilities: Utility expenses that have been incurred but not yet billed. - Accrued Bonuses: Bonuses that have been earned but not yet paid.
Revenue Accruals
- Accrued Revenue from Service: Revenue earned from services that have been performed but not yet billed. - Accrued Sales Revenue: Revenue from sales that have occurred but not yet recorded. - Accrued Interest Revenue: Interest that has been earned but not yet received.
Other Accruals
- Accrued Vacation Pay: Vacation time that has been earned but not yet taken. - Accrued Sick Leave: Sick leave that has been earned but not yet taken. - Accrued Property Taxes: Property taxes that have been incurred but not yet billed. - Accrued Payroll Taxes: Payroll taxes that have been incurred but not yet paid. - Accrued Warranty Liability: Liability for potential repairs or replacements under warranty contracts. - Accrued Loss Contingency: A contingent loss that is reasonably possible to occur.