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View Full Version : Accrued expenses


RiveraMylene
Sep 15, 2009, 01:15 AM
Hi, Are accrued expenses be part of the balance sheet or income statement report? Kindly advise thanks

ArcSine
Sep 15, 2009, 05:15 AM
Both. Think about the typical accrued-expense journal entry. Where does the debit go, and where does the credit go?