When no bill has been received by the end of the accounting period for an expense that has been used or consumed it is considered a (n) A : accrued revenue. B : deferred revenue. C : accrued expense. D : deferred expense.

Question

Social Studies

Rodgers

17 January, 02:32

When no bill has been received by the end of the accounting period for an expense that has been used or consumed it is considered a (n) A : accrued revenue. B : deferred revenue. C : accrued expense. D : deferred expense.

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Peppy · Answer 1

A : accrued revenue.

Explanation:

Are the revenues that have been earned by providing a good or services and for which nor cash has been received and are recorded as receivables on the balance sheets to reflect the amount of the money the business owns