Accrued Revenue

Interest

ABC lent an employee $$100,000$ on October $1,2020$ for $1$ year with an

interest rate of $12\%$ with P&I to be paid back at the end of the loan.

ABC lent an employee $$100,000$ on October $1,2020$ for $6$ months with

an interest rate of $12\%$ with P&I to be paid back at the end of the loan.

Accrued Expenses.

Interest.

$..$Utilities.

Salaries

ABC accrued their December, $2020$ utilities of $$50,000.$

ABC accrued salaries earned by employees at the end of December but

not paid until next year.

Estimate Examples:

Depreciation

ABC incurred depreciation on the Equipment of $$20,000$ for the year.

Bad Debts