accrued liabilities

Accrued liabilities is the direct opposite of prepaid expense.

There are two general types of Accrued Liabilities:

This is less than 10 percent of the annual increase in the net accrued liabilities of the Social Security system, which rose by more than $200 billion last year.

In several instances, enterprises have asserted that recurring expenses such as depreciation, amortization or changes in estimates of accrued liabilities should not be included in profit from operating activities.

There was no mention of those accrued liabilities in the LM-2 forms filed by Mr. Bevona's local, even in the lines where the union was asked to list liabilities.

If on the other hand Newco also assumes a bank loan in excess of the basis of the assets transferred less the accrued liabilities, John and Mary will recognize taxable gain for such excess.

They transfer assets of the business to Newco, a newly formed Delaware corporation of which they are the sole shareholders, subject to accrued liabilities of the business, solely in exchange for common shares of Newco.

The Municipality of Taranto was declared bankrupt because - as ascertained by Francesco Boccia, chief of the liquidation committee - as of 31 December 2005, it had accrued liabilities in an amount equal to 637 million euros.

Accrued liabilities are liabilities which have occurred, but have not been paid or logged under accounts payable during an accounting period; in other words, obligations for goods and services provided to a company for which invoices have not yet been received.

The statute further provided that in no event were employer contributions from state appropriations to be less than an amount which, when added to contributions from other sources, is less than the total accruing normal costs plus interest at the prescribed rate on the unfunded accrued liabilities.