Author: Editor

Accrued Expenses Definition with Example Accrued Expenses Definition – “Expenses which are already incurred but not yet paid” It is a type of expense which the company has incurred, however the payment is not made. Such expenses...

Accounts Payable Meaning / Definition Definition of Accounts Payable – “Money owned by a company to suppliers.” Accounts Payable Meaning – An Accounts Payable is an accounting term which refers to company’s obligations to pay...

Accounting Standards Definition Concept and Objective Accounting Standards Definition – “Written statement consisting of rules and guidelines issued by Institute of Chartered Accountant of India for preparing the financial...