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.
Types of Adjusting Entries. Most adjusting entries fall into one of five categories: Accrued expenses are those youâve accrued but havenât paid yet. A common accrued expense is a loan interest payment thatâs due once a year. Accrued expenses usually appear as accounts payable liabilities.