What is an accrued expense, Guide.

What is an accrued expense? Learn how businesses record unpaid costs and why they matter in financial reporting.
What is a classified balance sheet

A classified balance sheet organizes assets, liabilities, and equity into categories for clarity. Learn its format, purpose, and key components.
What does semi monthly payroll mean

Semi-monthly means twice a month, typically on set dates. Learn how it differs from bi-weekly and impacts payroll and budgeting.