The accrual basis of accounting records revenues when they are

اکاؤنٹنگ کی جمع کی بنیاد آمدنی کو ریکارڈ کرتی ہے جب وہ ہوتے ہیں۔

Collected

Earned

Contracted

Readily available for use

All of these

Explanation

The accrual basis of accounting records revenues when they are earned.

In other words, under the accrual basis of accounting, the receipt of cash and the payment of cash are not the focus of reporting revenues and expenses.