Interested to Buy Any Domain ? << Click Here >> for more details...
whatis mean by accured income?
- 6 Answers
- 15943 Views
- Capital IQ, TATA, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / a.madhu sudhan rao
Accured income means outstanding income
It means that the income which is receiavable
we have to show at Assets Side
For Example during the financial year Purchase is 100000
and sales 150000
profit = 50000
we recieved 40000 during the year and remaining 10000
is accrued income.
Imp: we have to add 10000 to Sales ( 40000+ 10000 )and
again we have to show assets side
| Is This Answer Correct ? | 23 Yes | 7 No |
Accrued income mean,whiche income earned in current
accounting year but not receve this year, its receive next
year,Example, interest on investment as on 31/03/2008 but
he is only so balance sheet assets sid and he receive next
accounting year after march so its is a my assets ,
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / h.s.sarda
If fd is made for 2 years, interest is rs. 2000/- for 2
years. acutually recd. after maturity of 2 years. But at
the time of closing for 1st year, we have to record rs.
1000/- as a interest receivable.
| Is This Answer Correct ? | 3 Yes | 3 No |
Answer / parisha shalini
Income that is earned in a fund or by company by providing
a service or selling a product, but has yet to be received.
Mutual funds or other pooled assets that accumulate income
over a period of time but only pay it out to shareholders
once a year.
| Is This Answer Correct ? | 0 Yes | 1 No |
1. Fdr mature with interest
what is zero balance clearing a/c. why we r maintaining this a/c in sap fico
what tax will be on puchasing of sweets and is necessery to use form 38.
EXPAND___________NGO
can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with Accounting codes?
WHAT ARE LIMITATIONS OF ACCOUNTS ?
TDS RECEIVED WHERE WE HAVE TO SHOW IN BALANCE SHEET
Ratio Analyis, What is PE ratio, how do you calculate it, EPS, Bills recievable and other ratios
HOW TO EXPORT ANY LEDGER/VOUCHER IN TALLY IN EXCEL FORMAT. AND HOW CAN WE SEE THE SAME.
what is the entry for cash received and after deposited in to the bank
what is sweet equity share?
what is journal entry to make- provision for liablities and provision for assets
Audit 
