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Accrude Deferred Account

sagar (CA Final)     24 June 2010

CA Final 
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What is entry of Accrued Revenue?

What is entry for Deffred revenue?


Sunil Liladhar Kotak (Manager (F & A))     25 June 2010

Sunil Liladhar Kotak
Manager (F & A) 
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For Accrued income/Revenue

Income Accrued(Assets)--------Dr.

       To income (P/L)


For Deffred revenue


             To Income (Booked in Current Year)

             To Income Deferred(B/s - Liability side)





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