money that has been earned but not received as of the end of the reporting period; also called accrued assetsTo accrue means to accumulate. The accrued asset is shown under current assets in the balance sheet.
ACCRUED ASSETS - are assets from revenues earned but not yet received. ACCRUED BENEFITS - The pension benefits earned by an employee according to the years of the employee's ...
Accrued assets - Assets from revenues earned but not yet received. Accrued expenses - Expenses incurred during an accounting period for which payment is postponed.
Accrued revenue (or accrued assets) is an asset, such as unpaid proceeds from a delivery of goods or services, at which such income item is earned and the related revenue item is recognized, ...
See also: Accrued expenses, Expense, Accounting period, Current income, Invoice
 
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