Accured income is an income which is __________ but not received.

Spent

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Earned

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Occurred

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None

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Solution

The correct option is B Earned
Accrued revenues are revenues that are earned in one accounting period, but cash is not received until another accounting period.

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Accured income is an income which is __________ but not received.

The correct option is B EarnedAccrued revenues are revenues that are earned in one accounting period, but cash is not received until another accounting period.

The correct option is B Earned
Accrued revenues are revenues that are earned in one accounting period, but cash is not received until another accounting period.