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.
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