Interested to Buy Any Domain ? << Click Here >> for more details...
Difference between outstanding income and accrued income?
- 8 Answers
- 31654 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
How much mathematics knowledge is necessary or required in accounting?
What are mis reports and do you prepare it?
Explain some of the accrued expenses and the accounts in which you would record them?
difition of reserve & surplus
What are the difference between Debit Memorandum and Credit Memorandum?
Please guide in details about Payroll in Tally.erp9??
The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above
What is project implementation?
what is apply SI post
what are the voucher entries in tally for medical insurance
How to show Airticket Expense on Company's A/c as Company expense
if I m taking a loan from bank of AED 20 lakhs @ 10.25% per annum for 10 years how much amount as intrest I need to pay in this 10 year period of time to bank.
a person have to buy 2kg items out of 4 differnt price tag item i.e potatoo rs. 10 kg, onion rs. 5 kg , radish rs. 1 kg, and chilli rs. 1 kg in rs 10 how can he do
Mention what is bank reconciliation?
what are voucher entries for EPF treatment in tally
