Answer Posted / h.r. sreepada bhagi

Kirti Verma's answer is correct : It's explained with
example below :-

1. Billing period for Telephone Service provider 15th to 14
of the next month. At the end of the first month, income is
accrued but not due & so is not outstanding income at the
end of the month.

Bill will be sent after 14th of the following month & if
money is not received by the end of that month & is due,
it's outstanding income.

Unless billing is made for an income it will not fall due &
so is not an outstanding income though it's accrued.

Describe yourself briefly why you are outstanding for this post "Finance Coordinator"?

2176

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What are the differences between contrast bookkeeping and accounting

987

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What Is Responsibility Accounting?

1147

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Tell me do you possess any knowledge about accounting standards?

1039

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What are the different branches of accounting?

983

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What is accounting

4487

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In accounting, vat abbreviates what?

1089

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how many types excise audits and when they are applicable to firm

2020

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Tell me different branches of accounting?

995

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What is balance sheet and off balance sheet?

1021

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Pls let me know Job profile for Account Manager.

1947

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how to reduce the interesting giving to debts ?

2096

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In South Africa, the value added tax is administered by?

1609

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Explain how you can adjust entries into account?

1090

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What have you read in the newspapers in the last few days that particularly interested you?

993

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