Accountancy, asked by yashganvani23, 7 months ago

journal entry of income

Answers

Answered by illeana123456

2

It is income earned during a particular accounting period but not received until the end of that period. Examples of accrued income – Interest on investment earned but not received, rent earned but not collected, commission due but not received, etc. ...

yashganvani23: i need the journal entry for this

illeana123456: so this is journal entry only

Answered by SiyapaQueen55

1

It is income earned during a particular period but not received until the end of that period.

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