Prior to the adjusting process, accrued revenue has___________.
a.been earned and not recorded as revenue
b.been earned and cash received
c.not been earned but recorded as revenue
d.not been recorded as revenue but cash has been received
An accrued revenue is one that has been earned by giving a good or service and for which no revenue has been received and is recorded as receivables and balances and reflects the amount of the money that customers owe.
