Accountancy, asked by siluvairaja104, 3 months ago

What are accrued incomes? ​

Answers

Answered by vamsirocky1110
2

Answer:

Accrued income has been earned but has yet to be received. Mutual funds or other pooled assets that accumulate income over a period of time but only pay out to shareholders once a year are by definition accruing their income

Answered by DuttJoshi
0

Answer:

Accrued income has been earned but has yet to be received. Mutual funds or other pooled assets that accumulate income over a period of time but only pay out to shareholders once a year are by definition accruing their income.

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