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Answer in One Sentence:State the meaning of Accrued Income? - Book Keeping and Accountancy

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प्रश्न

Answer in One Sentence:
State the meaning of Accrued Income?

एक पंक्ति में उत्तर
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उत्तर

The income which is due and supposed to be received in the accounting year, but actually not received during the accounting year, is known as Accrued Income.

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अध्याय 9: Final Accounts of a Proprietary Concern - EXERCISE [पृष्ठ ३१६]

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बालभारती Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
अध्याय 9 Final Accounts of a Proprietary Concern
EXERCISE | Q 1. 7) | पृष्ठ ३१६
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