Under the modified accrual basis, revenues are "available" if they are collected within the current period or are expected to be collected soon enough after the end of the period to be used to pay liabilities of the current period.

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Under the modified accrual basis of accounting, revenues are recognized when they are both measurable and available, meaning they can be collected within the current period or soon enough after the end of the period to be used to pay liabilities of the current period.

Under the Modified Accrual Basis, Revenues Are "Available" If They