Certification Course on Practical Filing of Income Tax Returns
what is entry for Accrude Income
What is entry for deferred income
explain also
This query is already replied
pls search in earlier forum messages
i agree with aldrine
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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