An adjusting entry is usually not required for a revenue item when it is

An adjusting entry is usually not required for a revenue item when it is



a] budgeted, paid for, and partially earned in one period but not fully earned until a later period.
b] paid for by the customer, recorded, and earned in one period.
c] paid for by the customer and recorded in one period but not fully earned until a later period.
d] earned in one period but not paid for by the customer or recorded until a later period.







Answer: B


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