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An accrued revenue represents: Revenue being recorded at the same time the cash is collected from the customer. Customers paying cash in advance of the
An accrued revenue represents:
Revenue being recorded at the same time the cash is collected from the customer. | ||
Customers paying cash in advance of the good or service to be provided. | ||
Revenue being recorded prior to cash collection from the customer. | ||
Cash being collected from the customer prior to the revenue being recorded. |
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