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15-06-2022
Business

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In recording an accrual adjusting entry to account for revenues earned but not yet collected, ______.

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Ladybug11g Ladybug11g

15-06-2022

Answer:

An asset is increased.

Explanation:

In recording an accrual adjustment to account for revenues earned but not yet collected: -An asset is increased since cash will be collected at a later date.

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