A liability that arises from an expense that has not yet been paid is a(n):

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An accrued expense is a liability that arises from an expense that has been incurred but not yet paid. It is recorded as a debit to an expense account and a credit to a payable account. Option A, unearned expense, is a liability that arises from a payment received in advance for goods or services that have not yet been delivered. Option B, prepaid expense, is an asset that arises from a payment made in advance for goods or services that will be received in the future. Option D, accrued revenue, is a revenue earned but not yet received in cash or recorded.

A Liability That Arises from an Expense That Has Not