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what is an accured account ?
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Answer / avinash
it is a statement of income which is earn, but not received
in the accounting year.
for exp....outstanding income.
| Is This Answer Correct ? | 17 Yes | 3 No |
Answer / ashok
Accured Account means all income and Expenses will take on due/receivable basis. However , when it receive it will be ignore.
| Is This Answer Correct ? | 13 Yes | 3 No |
Answer / satyendra singh
Accrued means any income due but not received in the
accounting period this is called accured.
accounts means if we taking records of this accrued, this
is called accounts.
taht means Accrued accounts
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / vivek mohan nair
Accrued Income means which is due but not recived in a
financial year. Examples are Accrued Income which is earned
but still to be recieved.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / chandu
accured account means transaction occured when they are paid/received are accrued.
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / guest
Meaning of accured account is 100% correct result of
account. Process of accounting is two types that is one is
computer accounting and second one is manual accounting.
computer accounting is accured account.
| Is This Answer Correct ? | 4 Yes | 21 No |
Who is debtor purchaser
From the following particulars taken on 31 December, 1995, you are required to prepare a bank reconciliation statement to reconcile the bank balance shown in the Cash Book with that shown in the Pass Book: (i) Balance as per Pass Book on 31 December, 1995, O/D Rs 1,027. (ii) Four cheques drawn on 31 December but not cleared till January are as follows: Rs 12; Rs 1,021; Rs 98; and Rs 113. (iii) Interest on O/D not entered in Cash Book Rs 51. (iv) Three cheques received on 30 December and entered in the bank column of the Cash Book but not lodged in bank for collection till 3 January next: Rs 1,160; Rs 2,100; and Rs 2,080. (v) Cost of cheque book, Pass Book, etc; Rs 1.50 entered twice erroneously in Cash Book in November. (vi) A Bill Receivable for Rs 250 due on 29 December, 1995 was passed to the bank for collection on 28 December, 1990 and was entered in Cash Book forthwith whereas the proceeds were credited in the Pass Book only in January following. (vii) Chamber of Commerce subscription Rs 10 paid by bank on 1 December, 1990 had not been entered in the Cash Book. (viii) Bank charges of Rs 5 had been debited in the pass book twice erroneously. . . . plz be fast
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