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.
The general entry to record an accrued expense is: [Various Titles] Expense (income statement expense account) [Various Titles] Payable (balance sheet liability account) To accrue expense. Examples of Accrued Expenses. Accrued expenses include the following: â¢Interest owed but not yet paid on borrowed funds.