Interested to Buy Any Domain ? << Click Here >> for more details...
Difference between outstanding income and accrued income?
- 8 Answers
- 31840 Views
- I also Faced
- E-Mail Answers
Answer Posted / tripti sen
there a little difference in o/s & acc
accrued income:- means income due but not yet received.but after some time we will get receipt it means accrued income has any certainty to receipt of amt.(after short period we can receive this.)
outstanding income :- means income not due its pending for due so there is no any certainty to receipt of amt it will be take 2 month or 6 month or 2 year.
| Is This Answer Correct ? | 3 Yes | 3 No |
Post New Answer View All Answers
Do is it proper fo an engineer to head a bank without a good backgroud in accounting? ?
What is a contra entry
examole of cash to cash contra entry
Why have you applied to our firm?
in our co we are sales of good to branch in order sales+fright, branch made jv entry in own book as full amount debit and credit. now our book show sales without freight but branch shows including freight that why differences is arise due to wrong entry passes pls clarify this entry and this entry is done last year book now balance is finalize.
we are import a cnc machine, we have availed customs duty, CVD & Additional duty credit?
What is recording damage inventory in books of account?
sir, i want t know, i got a cheque frm sindhu (that amount i gave her as rent advance, she is returning nw) bt the cheque has cancled and bank take cheque return charges so plz give this journal entries.
What do you find most satisfying about this job?
What is a business transaction in accounting?
if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?
I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?
WHAT IS THE DEFINATIN OF IDENTICAL GOODS AND SIMILAR GOODS? WITH EXAMPLE?
WHAT IS THE LAST DATE OF HOUSE TAX SUBMITED , AND WHAT IS THE RATE OF HOUSE TAX ?WE PAID HOUSE TAX MCD OR ANY OTHER. PLEASE TELL ME.
Explain what does the standard journal entry includes?
