Andrew Ashraf
Last answered:

09 Apr 2024

 Posted on:

09 Apr 2024
0

Is Adminstrative payments a liability or should it be written ?

in Accounting and Financial Statement Analysis / Balance Sheet Items

Is Adminstrative payments a liability or should it be written ?

1 answers ( 0 marked as helpful)
Ned Krastev
Instructor
Posted on:

09 Apr 2024
0

Hi Andrew,

If admin payments are not yet paid, then they'll be recorded as a liability, yes. Most frequently they'll be under 'Other liabilities'.

Best,

Ned

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