Emergency contraception will not prevent pregnancy if a girl has unprotected sex after taking the ECPs. How Well Does It Work? About 2 in every 100 women who use ECPs will become pregnant despite taking ECPs within the recommended amount of time.
Accounts Payable are supported by invoices or billing statements. Accrued Expenses are expenses which relate to the current period; however, there is not an invoice on hand.
As expense will be debited to record the accrued expense, a corresponding payable must be created to account for the credit side of the transaction. The accounting entry to record accrued expense will therefore be as follows: