what is entry for Accrude Income
What is entry for deferred income
explain also
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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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