If you fail to record accrued salaries at the end of the month, profit for the month will be overstated.

Name: If you fail to record accrued salaries at the end of the month, profit for the month will be overstated.
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Accrued salaries represent an expense that should be recorded in the month it was earned, even if it will be paid in a future month. If this expense is not recorded, profit for the current month will be overstated since the expense was not recognized.

If You Fail to Record Accrued Salaries at the End