问题如下：
Molly is studying financial statement analysis, she says “accrued expense is an asset, which is reported when the cash has not been paid but an expense is recognized.” Is she correct?
选项：
A.correct.
B.incorrect, it describes a prepaid expense, not an accrued expense.
C.incorrect, as accrued expense is reported as a liability in the balance sheet.
解释：
C is correct. Accrued expense is when the firm owes cash for expenses incurred. It increases the expense in balance sheet and increases accrued expense as a liability in the balance sheet.
老师你好，想请问一下 “increases accrued expense as a liability ”，这个是属于expense记在L里面，还是在I/S里面。读英文有点搞脑子😂，谢谢指导
