what is entry for Accrude Income
What is entry for deferred income
explain also
3 Replies
Sunil Liladhar Kotak
(Manager (F & A))
(2025 Points)
Replied 01 July 2010
This query is already replied
pls search in earlier forum messages
CA Lokesh Pokharna
(CA (Ahmedabad Bhilwara Chittorgarh))
(4128 Points)
Replied 07 November 2010
there is always accured income .but not deffered income but ya deffered expences
accured income
party /recievable/ a/c dr
to acccured income
deffered expences
deffered ----------- exp. a/c dr
to --------- exp. a/c
i hope u will clear
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