Welcome to the fifth lesson of Chapter 4, which focuses on discussing “accrued revenues.” The lesson begins with an overview of expenses, emphasizing accrued and prepaid ones from previous classes, and progresses into detailed explanations and examples, like the case of Frank’s rent payments and accounting for accrued revenues using the accrual concept. Practical examples such as slide 23 help illustrate how these revenues are recorded and understood, concluding with a discussion on how to handle end-of-year financial records.