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This is my adderstading of Acrued receivable is we have done a service for the clent but we did not yet receive the cash. but we can book it as a revenue.
I need more detail answer.
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∙ 12y ago
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What is the journal entry accrued income?
[Debit] Accrued income receivable [Credit] Accrued income
Journal entry for accrued income?
[Debit] Accrued income receivable [Credit] Accrued income
How do you treat accrued income?
income receivable
Where does accrued interest on notes receivable go on a balance sheet?
Accrued interest which is to be received within 12 months is a current asset.
What is the correct journal entry for accrued receivable?
debit accounts receivablecredit sales revenue
Journal for Accrued income?
[Debit] Accrued income receivable [Credit] Accrued income
What is the journal entry accrued income?
[Debit] Accrued income receivable [Credit] Accrued income
Journal entry for accrued income?
[Debit] Accrued income receivable [Credit] Accrued income
How do you treat accrued income?
income receivable
What would the journal entry be to record an accured revene?
[Debit] Revenue receivable [Credit] Accrued revenue
When can an account receivable account be deferred?
is accrued assets
What is the journal entry to record accrued interest income from note receivable?
[Debit] Accrued interest income [Credit] Notes payable
Where does accrued interest on notes receivable go on a balance sheet?
Accrued interest which is to be received within 12 months is a current asset.
What is the journal entry for accrued interest expense on Notes Payable?
debit interest expense, credit interest payable for the accrued amount
Where will i put the accrued income?
When you accrue income, the debit is to a receivable account such as Accounts Receivable and the credit goes to the appropriate income account, such as Sales.
What is the correct journal entry for accrued receivable?
debit accounts receivablecredit sales revenue
What is the journal entry to record accrued interest?
Dr. Interest Receivable Cr. Interest Income When Collected. Dr. Cash in Bank Cr. Interest Receivable
