Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,890,071,682 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 Assets
(redirected from Accrued Revenue)

   Also found in: Dictionary/thesaurus, Medical, Legal, Wikipedia 0.01 sec.
Accrued Assets
The revenue a company earns over a period of time but has not collected by the end of a reporting period. For example, if a company makes $1 million in revenue but has not collected $250,000 before it must make its quarterly statement, it lists that amount as its accrued assets. Accrued assets are also called accrued revenue.


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?
No references found
 
Historically, the information services company had recorded accrued revenue for contracts "based on a calculated estimate of relative value of performance that had occurred but had not yet been recognized as revenue," the company said in the filing, which caused accounts receivable on the balance sheet to appear optimistically hefty.
TCL Financial, which also provides business payroll services, accrued revenues of $250,000 in 2006.
The amount of deferred or accrued revenue or expense would be carried to the balance sheet and the income statement accounts would be reduced accordingly.
 
 
 
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.