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What will be the effect of Accrued Expenses on Income Statement? 1. Added to Concerned Expense A/c 2. Subtracted from the Concerned Expense A/c

MBA Finance Accounting Bank Accounting Banking Finance
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Question added by Sabir Hussain , Accounting Manager , Etihad Aviation Tours & Travels
Date Posted: 2015/08/31
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Asad Ahmed
by Asad Ahmed , Manager Finance & Company Secretary , Connect Communications Pvt. Ltd.

Accrued Expenses are added to the Concerned Expenses on Income Statement

Syed Naseem Ali

The effect of accrued expenses in income statement will decrease the profit.1 &2 will no effect.

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