ACCRUED PAYROLL Definition

Bookmark and Share

ACCRUED PAYROLL is a liability arising from employees salary expense that has been incurred but not paid.

Learn new Accounting Terms

CASH BUDGET tracks a business's anticipated cash receipts and disbursements. This is a very detailed and important schedule that draws on information in the Operating Budget.

PRICE CEILING is a government-imposed limit on how high a price can be charged on a product.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.