Question

what is unaccrued income
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Answer 1

0 ADJUSTMENT OF INCOME RECEIVED IN ADVANCE (OR UNACCRUED INCOME) Unaccrued income refers to that income which has been received but not earned during the current accounting period.

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Answer 2

Answer:

UNACCRUED INCOME. When a businessman receives advance income up to the end of current year or when service will be rendered in the next year then such income is called Unaccrued Income.

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