Question: Select the term from the list below that best completes the statement on the top. Terms may be used once, more than once, or not

Select the term from the list below that best completes the statement on the top. Terms may be used
once, more than once, or not at all.
Failing to make the entry to accrue revenue _____ net income.
The entry to record accrued revenue ____ assets.
Accrued revenue is revenue that is ____ but not collected
Failing to make the entry to accrue revenue _____ assets.
The entry to record accrued revenue _____ net income.
a. increases
b. decreases
c. overstates
d. understates
e. earned
f. unearned

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