Which of the following is true about the revenue journal?

A) Cash revenues and revenues on account are recorded in the revenue journal.
B) Only cash revenues are recorded in the revenue journal.
C) Only revenues on account are recorded in the revenue journal.
D) Unearned revenues are also recorded in the revenue journal.

Revenue Journal

A revenue journal is a ledger used to record a company’s sales transactions, typically detailing the sale of goods or services on credit.

Cash Revenues

Income received by a company in the form of cash from its operational activities.

Revenues on Account

Earnings from sales or services that have been completed but not yet paid for by customers.