ACCRUED LIABILITY Definition

ACCRUED LIABILITY are liabilities which are incurred, but for which payment is not yet made, during a given accounting period. Some examples in a manufacturing environment would be: wages, taxes, suppliers/vendors, etc.

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CONSULTING SERVICES performed by CPAs include consultations, advisory services,
implementation services, product services, transaction services, and staff and support services.

SHARE CAPITAL is that portion of a corporations equity obtained from issuing shares in return for cash or other considerations.

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