During 2019,Sigma Company Earned Service Revenue Amounting to $700,000,of Which

Multiple Choice

During 2019,Sigma Company earned service revenue amounting to $700,000,of which $630,000 was collected in cash;the balance will be collected in January,2020.Also in 2019,there were collections of cash prior to the delivery of goods/services totaling $10,000.What amount should the 2019 income statement report for service revenue?

A) $630,000.
B) $700,000.
C) $70,000.
D) $570,000.