accrued income???

if you sold a subscription for £5000 for a year and you were due to have it paid in 10 instalments across the year.... how would you account for it? what would the journal entries be?

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BKD |
BKD's picture

Not accrued income

petersaxton |
petersaxton's picture

so if i pick round amounts

Lauraoneill |

That's wrong

petersaxton |
petersaxton's picture

Is it classed as deferred

Lauraoneill |

Answers

petersaxton |
petersaxton's picture

So why in this instance do

Lauraoneill |

Apologies

BKD |
BKD's picture

 

petersaxton |
petersaxton's picture

not to worry its making more

Lauraoneill |

sorry i wasnt refering to an answer you had given

Lauraoneill |

I don't think that's right

BKD |
BKD's picture

Accrued income

BKD |
BKD's picture

Never copy and paste!

petersaxton |
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Don't worry Laura ...

Steve Holloway |
Steve Holloway's picture

One client

petersaxton |
petersaxton's picture

Thin Capitalisation

Tom 7000 |
Tom 7000's picture

Hmm

petestar1969 |