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A company provides services to clients during the period that are neither paid for, nor billed to the cilents. What must the company do? Select

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A company provides services to clients during the period that are neither paid for, nor billed to the cilents. What must the company do? Select one: a. Bill the cilent prior to year-end in order to recognize the revenue. b. Record the revenues as a liablity at the end of the year. c. Accrue revenue by making an adjusting entry at the end of the period. d. All of the above are true. Q 4 If Cedar makes the appropriate adjusting entry, how much will be reported on the December 31,2021 balance sheet as rent receivable? Note: your answer should be formatted as a whole number without currency symbols or punctuation

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