Accountancy, asked by kaurramanrk10, 9 months ago

What do you mean by accured income?

Answers

Answered by adityakumarraj584

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 amritagzb1982

Answer:

the income has been earned but yet not received

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