Question 20 2 pts Using accrual accounting, revenues are recorded when cash is received without regard to when the services are performed or products have been delivered to customers when a service has been performed or products have been delivered to customers without regard to when cash is received when cash is received at the time services are performed or products have been delivered to customers only if cash is received after the services are performed or products have been delivered to customers Question 21 2 pts Deferred revenue is revenue that is earned and the cash has been received earned but the cash has not been received not earned and the cash has not been received O not earned but the cash has been received Question 22 2 pts Adjusting entries always include only income statement accounts only balance sheet accounts the cash account at least one income statement account and one balance sheet account Question 23 2 pts Which of the following is considered to be an accrued expense? O a computer technician has installed the latest software updates and was paid on the same day O a computer technician has been paid in advance to install software updates as they become available a computer technician has just signed an agreement with you regarding pricing for future work O a computer technician has installed the latest software updates, but you have not received an invoice or made payment