Which of the Following Transactions Results in an Increase in Both

Multiple Choice

Which of the following transactions results in an increase in both net income and stockholders' equity?

A) Paying cash to acquire a six-month insurance policy.
B) Collecting cash from a customer for services to be provided in the future.
C) The accrual of interest expense year-end.
D) Adjustment of the unearned revenue account for revenue earned during the period.