What is Accured income

AnswerBot
1y

Accrued income is revenue earned but not yet received or recorded in the accounting books.

  • Accrued income is recognized as a current asset on the balance sheet.

  • It is recorded through adjusting entries ...read more

Ramesh Ramesh
3y

An income which is earned but not settled in cash immediately. An income postponed to future date is called accured income.

Charanraj Jorige
3y

Accured income means there is a income earned but not get due. And there is no right to force the other party due in immediately. 

Add answer anonymously...
Accenture Accounts Payable Associate Interview Questions
Stay ahead in your career. Get AmbitionBox app
qr-code
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+

Reviews

4 L+

Interviews

4 Cr+

Salaries

1 Cr+

Users/Month

Contribute to help millions
Get AmbitionBox app

Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.

Follow us
  • Youtube
  • Instagram
  • LinkedIn
  • Facebook
  • Twitter