Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,890,061,730 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Accrued Income

    0.01 sec.
Accrued Income
The income a company earns over a period of time but has not collected by the end of a reporting period. For example, if a company earns $1 million but has not collected $250,000 before it must make its quarterly statement, it lists that amount as its accrued income.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
The company reported pretax income of $519,681, upon which it accrued income taxes of $200,597, which the company did not have to actually pay because of a net operating loss carry-forward.
The company recognized $451,000 of accrued interest on its accrued income tax liabilities versus a credit of $75,000 for the same nine month period of 1996.
The company recognized $334,000 of accrued interest on its accrued income tax liabilities, versus a credit of $179,000 reported in the same period of 1996.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.