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Accrued Revenue is a term that I rarely see, though it is an Asset and should be treated as such. Accrued Revenue would be treated similar to an Account Receivable. The Journal Entry would be a Debit to Accrued Revenue and a Credit to Revenue.

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Wiki User

14y ago
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13y ago

the journal entry to close the drawing account involves:

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Wiki User

9y ago

debit accounts receivable
credit sales revenue

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Q: What is journal entry for Accrued Revenue?
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