The name Minu is an Assamese baby name. In Assamese origin the meaning of name Minu is : A Gem; Precious Stone.
In accounting, accretion expense is the expense created when updating the present value of an instrument. For example, if you originally recognize the present value of a liability at $650, which has a future value of $1000, every year you must increase the PV of the liability as it comes closer to its FV.
Accrued expenses are the expenses that companies have incurred but not yet paid for, which can still affect a company's income statement. However, an accrued expense in itself is a liability account on the balance sheet, and paying off the liability later doesn't affect a company's income statement.Other People Are Reading.uch a cash expenditure is not an expense for the current accounting period because the related expense has occurred and been recorded in an earlier period. Therefore, a decrease in accrued expense doesn't affect the income statement.