Accrued Expenses

Accrued expenses are bills presented by vendors and recorded as an accounts payable.  Accrued expenses are recorded to comply with the matching principle of sales and expenses. Common examples include insurance obligations, employee reimbursements and recurring obligations.

Working Capital

Treasury Stock

Cash is the lifeblood of every business. Without cash a business operation can come to a standstill. Cash is one component of working capital, a term referring to current assets (Gross Working Capital) less payables and accrued expenses.

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