Respuesta :
Accrued expenses are bills that have accumulated and must be paid at a specified future date within the year although no bill has been received by the firm.
What does Accrued Expenses mean?
Accrued expenses are those that have been incurred but have not yet been paid. They are expenses that were incurred during a specific time period but have yet to be invoiced or paid. Regardless of when they are paid, accrued expenses are recorded in the accounting period in which they are incurred. Salaries and wages, loan interest, and taxes are all examples of accrued expenses.
What does a firm mean?
A "firm" is an official or legally recognized business organization, typically formed by multiple individuals to engage in and operate a profit-making business enterprise. It is a legal entity distinct from its members, with limited liability.Corporations, limited liability companies, partnerships, sole proprietorships, and other types of business organizations are all examples of firms.
Therefore the option E.Accrued expenses is correct answer.
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