7 Ways to Honor Your Father. You may remember the story of Butch OâHare, the military hero we featured a few months ago. Well, several of our subscribers pointed us to who Butchâs father was â Edward J. âEddieâ OâHare. Eddie was a lawyer who worked with Al Capone. Details to the extent of this relationship are uncertain.
accrued revenue definition. Revenue that has been earned but not yet invoiced to the customer.
The concept of accrued revenue is needed in order to properly match revenues with expenses. The absence of accrued revenue would tend to show excessively low initial revenue levels and low profits for a business, which does not properly indicate the true value of the organization.