What is mean by acquired income?

Answer Posted / praveen kumar

The income has been earned but not yet received

Is This Answer Correct ?    22 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-31/December? There is any restriction in doing that, i mean for example for fisal purposes? Thank you all!

4351


what is inter-company transaction? what is Inter-Branch transaction?

8296


Explain me your current/former role, your responsibilities, and how success is/was measured?

578


Q1.How depreciation deffer from depletion? Q2.show the main benefit from calculating and recording depreciation.

1455


What is the difference between cost accounting management accounting and financial accounting?

615






Explain an example of a tough decision you had to make quickly?

612


hi friends, i have simple doubt if we completed this financial year that is 2009-10 march. after that we will file it period of oct-2010.so from apr-2010 that is new f.y.what we take the opening balances without filing how can we know the exactly figures?

1898


What are a debit note and credit note with an example?

620


what is difference between budgeting and Forecasting

1197


What does the word credit mean in terms of accounting?

647


Mention whether the account "cash" will be credited or debited when a company pays a bill?

672


OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.

1762


how to calculate vat,pf,esi,service tax in corporate firm

1526


Real,Nominal or Personal. Where do reserves, general reserve and Specific Reserve Go? and why?

971


Ledger Enteries

1847