Last answered:

09 Apr 2024

Posted on:

09 Apr 2024

0

Is Adminstrative payments a liability or should it be written ?

Is Adminstrative payments a liability or should it be written ?

1 answers ( 0 marked as helpful)
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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