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Accrued Revenue, aka. Unbilled Revenue is an adjusting entry that is very common in service businesses. In this video, you'll find out what Accrued Revenue means, and how it works using Journal Entries and T Accounts.
I'm creating a whole miniseries devoted to this topic which will include worked examples for each of these four types of Adjusting Entry...
▪ Intro to Adjusting Entries → • Prepayments and Accruals | Adjusting ...
▪ Prepaid Expenses → • How Prepaid Expenses Work | Adjusting...
▪ Deferred Revenue → • Deferred Revenue Explained | Adjustin...
▪ Accrued Expenses → • Accrued Expenses Broken Down | Adjust...
▪ Accrued Revenue → • Accrued Revenue MADE EASY | Adjusting...
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