33. What is the best example of a deferred revenue? a. Red Company recognizes an increase in cash and an increase in unearned subscription revenue. b. Pink Company recognizes an increase in utilities expense and an increase in accounts payable. c. Blue Company recognizes an increase in cash and an increase in sales revenue. d. Green Company recognizes an increase in accounts receivable and an increase in sales revenue. the 34. If a company has an accrued expense, this means that the cash is paid is recognized. a. after revenue b. before expense c. after expense d. at the same time expense