Incurred

• (imp. & p. p.) of Incur
Found on http://thinkexist.com/dictionary/meaning/incurred/

Incurred

Incurred, in accounting terms, means the moment in which an expenses has occurred or a transaction has taken place and must be recorded. In other words, it is the exact date in which a financial operation has happened and must be recognized in the accounting system.
Found on https://www.myaccountingcourse.com/accounting-dictionary/i
No exact match found