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What is the difference between 'due and accrued' and 'accrued and due'?
Wiki User
∙ 10y ago
I would like to explain it with example, it might be helpful for you to understand
difference between due and accrue.
At the year end or beginning, generally this problem came with us.
Telephone bills calls made by us till 31st march ..... has accrued but we have not received the bill for that. Bill for month of march will be received in the month of april and also some due date is there to pay.
So it will be classified as accrued but not due
FDRs
In case of FDRs, maturity amount will be recd on maturity date (i.e. due date) but
interest on principal amount of FDRs accrued day by day.
I think from above two example it would be more clear to you
Wiki User
∙ 10y ago
'Due and accrued' refers to expenses that are both payable and have accumulated over time, while 'accrued and due' refers to expenses that have accumulated but are not yet payable. The difference lies in the order in which the terms are presented, with the emphasis on either the payment due or the accumulation of expenses.
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