teatment of expenditure

dear all frnds, whenever indirect income occur and we receive the amount after 2 or 3 months

is it right  give to debit to income receivable?(at the time of J.V)

is it right to give debit to the party as a debtor even though it's not a direct income?

and another option i have that, can we debit  the party under the group of current asset

is it same about expenses

please clarify my doubts with any exaples,  hope ican receive best answer