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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

What are accrued incomes? - Accountancy

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Question

What are accrued incomes?

One Line Answer
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Solution

Accrued income is an income or portion of income which has been earned during the current accounting year but not received till the end of that accounting year.

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Chapter 13: Final Accounts of Sole Proprietors - 2 - Very short answer questions [Page 309]

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Samacheer Kalvi Accountancy [English] Class 11 TN Board
Chapter 13 Final Accounts of Sole Proprietors - 2
Very short answer questions | Q II 4. | Page 309
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