Which of the following transactions would result in an accrual?
A) Salary expense has been incurred but unpaid.
B) Rent expired for the month.
C) Supplies used during the accounting period.
D) Owner's withdrawals.

Question

Quizplus · Accepted Answer

An accrual occurs when an expense has been incurred but not yet paid, such as salary expense that has been incurred but unpaid.

Which of the Following Transactions Would Result in an Accrual