credit to a(n) _________ account is required as part of an adjusting entry when an accrued revenue was initially recorded as revenue.
A) revenue
B) liability
C) contra liability
D) unearned revenue

Question

Quizplus · Accepted Answer

When accrued revenue is initially recorded as revenue, an adjusting entry is needed to credit the revenue account to recognize the revenue earned during the period.

Credit to A(n) _________ Account Is Required as Part of an Adjusting