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 expenses that have been incurred, but not yet paid for. To put it another way, an accrued expense is paid after being recorded on. the books. Every adjusting entry for accrued expenses debits an expense. account, increasing expenses on the income statement and reducing net. income, and credits a payable account, increasing liabilities on the balance. sheet.