Question 16 (1 point) Accrued revenues are: received and recorded as liabilities before they are recognized. recognized and recorded as liabilities before they are received. recognized but not yet received or recorded. O recognized and already received and recorded. Question 17 (1 point) Jill Clown earned a salary of $500 for the last week of October. She will be paid on November 1. The adjustment for Jill's employer October 31 is: no adjustment is required. increase Salaries and Wages Expense $500 increase Salaries and Wages Payable $ 500 increase Salaries and Wages Expense $500 decrease Cash $500 decrease Salaries and Wages Payable $500 decrease Cash $500