Any expenses that are due to have been paid but have not been paid yet are considered accrued expenses payable. This is a common term on a company’s financial statements, and is often abbreviated as “Accrued Expenses Payable”.
Any expenses that are due to have been paid but have not been paid yet are considered accrued expenses payable. This is a common term on a company’s financial statements, and is often abbreviated as “Accrued Expenses Payable”.