They include Acute Multifocal Placoid Pigment Epitheliopathy (APMPPE), Serpiginous Choroiditis, Multiple Evanescent White Dot Syndrom (MEWDS), Multifocal Choroiditis and Panuveitis (MCP), Punctate Inner Choroidopathy (PIC), and Diffuse Subretinal Fibrosis (DSF), Birdshot Retinochoroidopathy (BSRC), and Presumed Ocular Histoplasmosis (POHS) round out ...
What is an 'Accrued Expense'. An accrued expense is an accounting expense recognized in the books before it is paid for. It is a liability, and is usually current. These expenses are typically periodic and documented on a company's balance sheet due to the high probability that they will be collected. Next Up.
To properly record this expense in the month of receipt, the accounting staff records an expense in the supplies expense account with a debit in the amount that it expects to be billed by the supplier, and records a credit to an accrued expenses liability account.