a. Both increase b. Both decrease. c. Assets increase; income decreases. d. Assets decrease; income increases. 17. Which of the following is an accurate description of accrued revenue? a. It is unearned. b. It has been received in cash. c. It is earned and received in cash. d. It has not yet been received in cash. 18. The balance in Allowance For Doubtful Accounts is important to the cal. culation of bad debt when bad debt is calculated... a. as a percentage of credit sales. b. as a percentage of accounts receivable that will not be collected. c. under the direct write-off method. d. none of the above