Why would an accrued settlements payable have a debit balance?

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Posting as :
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Fraud

likefunny

Over paid the liability. Or more likely they under accrued the expense originally.

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Thank you that makes sense.

Disclaimer I don't mean this to come off rude in any way. Ask AI! I ask our copilot everything even just for sanity checks

Copilot ftw! I do the same. Great resource to double check myself or try to think through a question before going to my manager. Of course, don’t take the answers blindly. Still have to think critically about it.

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