Accrued income is shown ___________ of balance sheet.

Asset

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Liability

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Added to asset

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Added to liability

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Solution

The correct option is A Asset
Accrued income is usually listed in the current assets section of the balance sheet in an accrued receivables account.

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Similar questions

Accrued income is credited to the profit and loss account and shown in the balance sheet as a current asset. Why?

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