Accrued Revenues Would Appear On The Balance Sheet As What?
Accounting Treatment Of Revenue Receivables On Statement Of Financial Position Or Balance Sheet Accrued Revenues or Revenues Receivab le would appear o n t he b ala nce s heet as Curre nt Assets on Assets side as t hese are ear ned b y the b usi ness during t he accounting period agai nst w hich the payme nt is still not received from clients / customers. As t he compa ny rendered t he services b ut still the payme nt is not received, so t he followi ng adjusting entry is recorded as s how n b elow: Accrued Reve nues a/c XXX Revenues a/c XXX ...