A

Admin • 802.91K Points
Coach

Q. Accrued income is shown on:

  • (A) Liabilities side of Balance Sheet
  • (B) Debit side of P&L A/c
  • (C) Assets side of Balance Sheet
  • (D) Credit side of Trading A/c
  • Correct Answer - Option(C)
  • Views: 3
  • Filed under category Accounting
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Explanation by: Admin
Accrued income is an asset and shown on the assets side of the Balance Sheet.

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