Income which has been earned but not yet received is known as accrued income. Income is recorded in the same accounting period in which it is earned rather than in the subsequent period in which it will be received.
Tell me about the sales tax?
What does fair rent mean?
Tell me which items fall under the category of securities?
Tell me about the Excise tax?
Tell me what is a service tax?
What is the major difference between excise tax and service tax?
What does a commercial tax mean?
What is an entertainment duty?
List the names of items which are deducted under Salary Head?
list the types of Provident funds?
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