Difference between outstanding income and accrued income?

Answer Posted / raju

Outstanding income means it will be gain but accrued incom
means it's already gained

Is This Answer Correct ?    29 Yes 26 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Sold goods to Gasha 600 by cash

847


Define social responsibility accounting

622


audit under section and penalty under saction scurtiny under saction

1656


What is the difference between trial balance and general ledger?

618


What does an accurate trial balance suggest?

645






Tell me what is your track record for consistently achieving your targets?

753


At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.

1831


What is Bank Reconciliation Statement? How to calliculate in tally erp9.0?

1924


What are the various systems of accounting? Explain them.

593


What is an accounting loss?

626


Tell me what is an over accrual?

594


how to caluclate tds from emloyees and others

1593


what is the performa of bank reconcilation ? i want to need it and also i want to know about tds entry for various sources such as rent,contractor, commission, etc. and how we make the tds return, please tell me its very urgent?

1705


What are the differences between accounting and auditing?

620


Explain me how much mathematics knowledge is necessary or required in accounting?

602