Accrued Income - Adjusting Entry - By Saheb Academy

Here I have explained the concept of Accrued Income and it's accounting treatment in Profit and Loss Account and Balance Sheet in a simple way.

Accrued Income is also known as Income earned but not received.( Accrual )

I have shown how to pass Adjusting Entry and Reversing Entry with complete logical understanding.

⏱TIMESTAMPS
00:00 - Intro
01:02 - Recap of Previous Videos
02:50 - Accrued Income
12:39 - Practical Example with Financial Statements
38:05 - Format of INCOME A/C with Accrued Income & Deferred Income

Previous Videos :
Adjusting Entries Concept
Adjusting Entries EXPLAINED - By Sahe...

Outstanding Expense
Outstanding Expense - Adjusting Entry...

Prepaid Expense
Prepaid Expense - Adjusting Entry - B...

Download Adjusting Entries PDF
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Accounting Basics - Class 11 / B.COM ...

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