When at the end of an accounting period cash has not been paid with respect to an expense that has been incurred the business should then record?

When cash has not been paid for an incurred expense at the end of an accounting period, the business should record an accrued expense. This entry recognizes the obligation to pay in the future and ensures that the expense is matched with the revenue it helped generate, adhering to the accrual accounting principle. The accrued expense will appear as a liability on the balance sheet until it is paid.