Accrue Income

What is Accrue Income? Answer briefly

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Bhawna Sharma

  • Mar 1st, 2017

Accrue income is a amount which is earned but not received.

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Bhaskar reddy KSR

  • Dec 22nd, 2017

It is an income earned, but not yet received. (out standing income).
say XYZ company earned interest on bank deposits Rs.1000 (October to Dec 2017 ) and Xyz company financial starts from Jan to Dec) but interest will not be paid by bank, received by XYZ company in the next financial year. (2018 Jan month)

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