Earned but uncollected revenues are recorded during the adjusting process with a credit to a revenue account and a debit to an expense account.

Name: Earned but uncollected revenues are recorded during the adjusting process with a credit to a revenue account and a debit to an expense account.
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Question

Quizplus · Accepted Answer

Earned but uncollected revenues are recorded with a credit to a revenue account and a debit to an accounts receivable account, not an expense account.

Earned but Uncollected Revenues Are Recorded During the Adjusting Process