Which of the following journal entries is created as the result of an accrual? A. Deferred revenue
$\quad$Revenue
B. Interest expense
$\quad$Interest payable
C. Cash
$\quad$Deferred revenue
D. Revenue receivable
$\quad$Unearned Revenue

Question

Quizplus · Accepted Answer

Accruals involve recognizing expenses or revenues that have been incurred or earned but not yet paid or received in cash. Interest expense and interest payable is an example of an accrual.

Which of the Following Journal Entries Is Created as the Result