Close down Project Billing contract accounting entries

Summary:

When generating an invoice for a billable project within Contacts, the accounting entry created prior to transferring the invoice to Receivables is :

DR Unbilled Receivables.

What is the corresponding CR entry? I presume this would be to offset the accumulated cost per Assets under Construction as follows?

CR AUC Cost

My understanding is the Revenue journal entries are invoked separately as part of Revenue Recognition rules defined in Contracts.

Please confirm as guidance is absent.

Content (please ensure you mask any confidential information):

N/A

Version (include the version you are using, if applicable):

R24D

Code Snippet (add any code snippets that support your topic, if applicable):