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Question Practice

How are accrued incomes treated in financial statements?

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MCQ_SA
CBSE
Class 11
Accountancy
Accountancy - II
Financial Statements - II
Question Bank

How are accrued incomes treate...

Single Answer MCQ
Q-00053539

How are accrued incomes treated in financial statements?

1

They are not recorded until received

2

They are recorded as liabilities

3

They are recorded as current assets

4

They are deducted from revenues

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