Accrued Income
Definitions
2
Posts
2
Posters
169
Views
-
Accrued income is money thats been earned, but has yet to be received. Under accrual accounting, it must be recorded when it is incurred, not actually in hand.
-
the amount of money that a business earns in a particular period which it records in its accounts but that it does not receive in that period:
Explore More Definitions
Browse our collection of 300,000+ community-written definitions