The value of your business on any given day is the difference between your assets and liabilities. While many assets have intangible benefits, such as goodwill, recipes and patents, liabilities are ...

Learn how non-interest-bearing current liabilities work, their role on balance sheets, and examples in corporate and personal finance without accruing interest charges.

Increasing expense accruals, or accrued expenses, helps companies conserve cash at the time they incur an expense. Using accrual-basis accounting, companies record expenses when incurred but don't ...

National Pension, Commission, PenCom, has lauded the federal government retirees for their patience and understanding over unpaid accrued pensions rights and other benefits. This came as the ...