Accrued revenues would appear on the balance sheet as
A)assets
B)liabilities
C)stockholders' equity
D)prepaid expenses

Name: Accrued revenues would appear on the balance sheet as A)assets B)liabilities C)stockholders' equity D)prepaid expenses
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Question

Quizplus · Accepted Answer

Accrued revenues represent amounts earned but not yet received, meaning the company has a right to receive payment from its customers. As such, accrued revenues would be recorded as assets on the balance sheet.

Accrued Revenues Would Appear on the Balance Sheet as