when a customer makes a payment for the goods or services received the accountant makes a journal entry for the amount of cash received by debiting the cash account on the balance sheet and then crediting the same amount to the accrued revenue account or accounts receivable account 
examples of accrued revenueaccrued revenue is often recorded by companies engaged in long term projects like construction or large engineering projects similar to the example of the construction company above companies in the aerospace and defense sectors might accrue revenue as each piece of military hardware is delivered even if they only bill the u s government once a year landlords may book accrued revenue if they record a tenant s rent payment at the first of the month but receive the rent at the end of the month 