A Company Performed Tax Services for a Client on Account

Multiple Choice

A company performed tax services for a client on account. The amount billed to the client was $22,000. How does this transaction affect the accounting equation?

A) Add $22,000 to Cash and add $22,000 to Service Revenue.
B) Add $22,000 to Cash and add $22,000 to Retained Earnings.
C) Add $22,000 to Accounts Receivable and add $22,000 to Retained Earnings.
D) Add $22,000 to Accounts Payable and add $22,000 to Service Revenue.