accruals definition

 

 

 

 

 

 

Accruals are liabilities, losses or expenses which are still unknown regarding their development as well as their sum. Nevertheless these will occur in all likelihood and counts in the balance to the debt capital so they are part of the liability side. 

 

 

 

 

 

 

 

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Accruals are liabilities, losses or expenses which are still unknown regarding their development as well as their sum. Nevertheless these will occur in all likelihood and counts in the balance to the debt capital so they are part of the liability side.