Answer:
B. Goods and services provided, not yet collected
C. Expenses incurred, not yet paid
Explanation:
Accrual refers to the accounting method where transactions are recorded in the period they occur regardless of whether cash has changed hands. Accrued revenue is income earned but not yet received. Accrued expenses are costs incurred but have not been paid.
From the option provided, expenses incurred but not yet paid for is an example of accrual. The expense should be recorded even if payments are yet to be made. Goods and services provided but not yet collected should be recorded as sales revenue. A sale has occurred only that the customer has yet to collect the goods and make payments.
