Expense items that have been incurred but not yet recorded in the accounts are:A) unearned revenues.B accrued expenses.accrued revenues.D)prepaid expenses.

Revenues received in advance and not performed are called unearned revenues. Hence, option A is…

Answered: Expense items that have been incurred…

Expense items that have been incurred but not yet recorded in the accounts are: A) unearned revenues. accrued expenses. accrued revenues. prepaid expenses.

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter21: Accounting For Accruals, Deferrals, And Reversing Entries

Section21.1: Accruals

Problem 2AYU

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Question

Expense items that have been incurred but not yet recorded in the accounts are:
A) unearned revenues.
B accrued expenses.
accrued revenues.
D)
prepaid expenses.

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