A journal entry contains a debit to an expense account and a credit to a payable account. This is an example of a(n):

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A debit to an expense account represents an expense that has been incurred, but not yet paid for. A credit to a payable account represents an obligation to pay for the expense at a later date. This is known as an accrued expense, where the expense has been recognized, but not yet paid.

A Journal Entry Contains a Debit to an Expense Account