Accrued revenues
A) have been earned and collected, but not yet recorded.
B) have been collected, but not yet earned or recorded.
C) have been collected and recorded.
D) have been earned, but not yet collected or recorded.

Question

Quizplus · Accepted Answer

Accrued revenues are amounts that a company has earned by providing goods or services, but has not yet received payment for. These revenues have not been recorded in the financial statements until the accounting period in which they are earned, regardless of when the cash is received.

Accrued Revenues