How do I know that the amount I have accrued is correct?
Md Ariful Islam
বিএসসি(সিএসই)
,
এমবিএ(মার্কেটিং)
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Dr. Md Rushad Rahman
এমবিবিএস(আরপিএমসি)
,
পিজিটি(মেডিসিন)
In some cases one must accrue an estimate, which is acceptable if a reasonable estimate can be determined. Since the amount estimated and accrued will be reversed in a subsequent period when the amount is actually paid, a reasonably accurate estimate will have little effect on reporting.
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