what is accural

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what is accural ..

Answer / nitin

accural means adjustments in final account is also adjusted
to get fair value of financial statement on a particular
period of time.there are of two types of accounting accural
basis or cash basis but accural basis is basically followed
in every sphere of accounting this concept says we don't
only cash but also prepaid or outstanding transaction as
well.

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what is accural ..

Answer / gouthami

the trader may earn the income by rendering some services
but income was not realised in money but definetly realise
in future.

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what is accural ..

Answer / shankar kumar

Accrual means occerance or becomming due of revenue or
expenses rather actual receipt. it is mainly used for give
the actual position in BS for a particular period.

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what is accural ..

Answer / srikanth

accumulation: the act of accumulating

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what is accural ..

Answer / satish sirikonda

accrual means transaction done but we can not get the
payment / receipt

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