Entries that record revenues earned before the cash is collected are:
A) accrued revenues.
B) prepaid expenses.
C) unearned revenues.
D) accrued expenses.

Name: Entries that record revenues earned before the cash is collected are: A) accrued revenues. B) prepaid expenses. C) unearned revenues. D) accrued expenses.
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Question

Quizplus · Accepted Answer

Accrued revenues are revenues that have been earned but not yet received in cash. This type of entry is recorded as a debit to accounts receivable and a credit to revenue.

Entries That Record Revenues Earned Before the Cash Is Collected