Accrued Income

Accrued Income,

How Do You Define Accrued Income?

  1. Deposit won but not received. Mutual funds or other mixed assets that accumulate revenue over a specific period but, by definition, pay shareholders only once a year, accumulate their income. Individual companies can collect revenue without actually receiving it, which is the basis of the accounting accounting system.

    • Accumulated income is income that has not yet been earned.
    • Individuals and corporations can earn gross income.
    • Although not yet available, prepayment costs are recorded when they are at record prices.

Literal Meanings of Accrued Income

Accrued:

Meanings of Accrued:
  1. (Benefits or cash) is received or accumulated over time in regular or incremental amounts.

  2. (Expenses or expenses incurred in connection with the work but have not yet been billed) Postponed at the end of the year

Sentences of Accrued
  1. Plus interest

Income:

Meanings of Income:
  1. The amount received for regular work or investment.

Sentences of Income
  1. Have a good house and a decent income

Synonyms of Income

wages, emolument, earnings, remuneration, stipend, pay, salary