Difference
This query is : Open
23 June 2016
what is the difference between Credit sales and Accual income
23 June 2016
credit sales is the sales other than cash/bank payment recd. immediately.
accural income:- which earned by you but not recd. like intt on fdr as on 31.3. you earn the intt on fdr but its recd. when fdr mature.
accural income:- which earned by you but not recd. like intt on fdr as on 31.3. you earn the intt on fdr but its recd. when fdr mature.
28 June 2016
Hi thanks for the answer. ..can you give me the examples for both cases which gives me the exact differentiation.
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