What is Accrued Revenue in Accounting? With Examples!

Accrued revenue is an accounting term for money your business has earned, for which you have not been paid yet and you have not invoiced your customer for yet.
In this video we explore an example of how to use accrued revenue to better understand the term.
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00:00 What is Accrued Revenue in Accounting? With Examples!
00:01 Accrued revenue definition
00:10 Accrued revenue examples
00:57 Accrued revenue adjusting entries
01:36 Accrued revenue adjustment journal
02:16 Accrued revenue on the balance sheet
04:03 Accrued revenue reversing journal
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Please note that Bullseyemoney is not a financial or tax adviser. Our videos are here to inform you and the information provided does not constitute financial, taxation, legal, business or other professional advice and should not be relied upon as such. Bullseyemoney is not liable or responsible for any financial, tax, legal, business or other decisions you make. If you are looking for advice, you should seek a suitable and qualified adviser.

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Your dedication to educating your audience is truly commendable, and I believe a series like this could benefit not only individuals but also small business owners looking to understand the payroll process better. I look forward to learning from your expertise and insights on this important financial aspect. Thank you for all the amazing content you create, and I can't wait to see what you come up with next!