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What is earned incomes?

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What is earned incomes?

Posted by Mahi Gupta 6 years, 9 months ago

CBSE > Class 11 > Accountancy

1 answers

Deepanshu Jain 6 years, 8 months ago

This income means when we had performed the task but the fees/ amount is still not received so for that person it is earned income.

For ex. Mr A teacher taught a child for 1 month & he dididi received the fees yet then the amount for Mr A is earned income..

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