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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10Q X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended
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Accrued expenses are expenses that have been incurred but not yet paid.
Companies and businesses are generally required to file accrued expenses as part of their financial reporting.
Accrued expenses can be filled out by recording the expense in the accounting records and recognizing it as a liability on the balance sheet.
The purpose of accrued expenses is to match expenses with the revenue they generate in a given accounting period.
Accrued expenses must include details of the expense, the amount owed, and when the expense was incurred.
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