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What the difference between DUE & ACCRUAL?

Answer Posted / prakash jha

ACCRUAL MEANS RIGHT TO RECEIVE WHEREAS DUE MEANS RIGHT TO ENFORCE TO RECEIVE THE SAME.

FOR EXAMPLE
SALARY OF A DECEMBER MONTH IS ACCRUE ON DAILY BASIS AS WE PERFORMING OUR JOB BUT IT IS DUE ON A PARTICULAR DATE AS DECIDED BY THE MANAGEMENT MAY BE FIRST WEEK OF NEXT MONTH.

Is This Answer Correct ?    42 Yes 2 No



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