Accountancy, asked by Anonymous, 5 months ago

Accrued income and income due but not received are same. Do you agree?​

Answers

Answered by Anonymous
2

here's ur answer dude

Accrued income is revenue that's been earned, but has yet to be received. Both individuals and companies can receive accrued income. Although it is not yet in hand, accrued income is recorded on the books when it is earned, according to accrual accounting methods.

hope it helps

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