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no, its a revenue

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no, its a revenue

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debit accounts receivable
Credit services revenue

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Accrued revenue refers to revenue that has been incurred (earned) but not yet received.

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[Debit] Revenue receivable

[Credit] Accrued revenue

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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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