Are accruals credited in the Trial Balance?

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1121219

2026-03-26 08:55

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Yes, accruals are typically credited in the trial balance. When an accrual is recorded, it increases liabilities, which are reflected as credits in the trial balance. For example, accrued expenses are recognized as liabilities, increasing the credit side of the trial balance. This ensures that the financial statements accurately reflect the company's obligations and expenses incurred during the accounting period.

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