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in this video youll find out what accrued expenses mean and Ill show you how they work with an example hey there welcome back to accounting star Im James and in this video were going to cover accrued expenses in accounting this is part of a playlist that Ive put together covering adjusting entries in accounting which you can find linked up here and down below in the description so far weve covered the big picture of adjusting entries prepaid expenses and deferred revenue and very soon Ill be releasing the final installment where well cover the crude revenue so hit subscribe and click on the bell so you dont miss out on that one and painting more accounting content thats coming soon but in this video were going to take on accrued expenses with an example so lets dive in in true accounting stuff style fashion well begin with the definition an accrued expense is a past expense that hasnt been recorded or paid for yet lets pause for a moment think about what this means an ac