TB 03-147 Adjusting entries are recorded at the end of... Adjusting entries are recorded at the end of the accounting period to bring an asset or liability account balance to its proper amount and never account. Which of the following choices is correct? Multiple Choice In the case of accrued revenues, cash has already been recorded In the case of unearned revenues, cash has already been recorded In the case of uneamed revenues, cash will be paid in the future In the case of prepaid assets, cash will be received in the future