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.
Home > Accounting Dictionary > A Terms > Accrued Expense. An accrued expense is a cost that is incurred in the current period but not paid for until the next period. In other words, its an expense that the company has benefited from but hasnt paid for or recorded yet. This is why an accrued expense is recorded as a liability at the end of a period. Its the amount of expenses owed to another company. The most common form of accruals is a monthly expense like rent or utilities that are consumed throughout the month and paid for on first of the following month. Lets take rent for example. The business benefits from the rent expense all month, but it doesnt actually pay for it until the next month.