Accrued Liabilities
Expenses incurred by the dealership that have not yet been paid, such as unpaid wages, sales taxes collected but not remitted, or services received but not invoiced. These are short-term liabilities on the balance sheet.
Expenses incurred by the dealership that have not yet been paid, such as unpaid wages, sales taxes collected but not remitted, or services received but not invoiced. These are short-term liabilities on the balance sheet.