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In January,the Huntington Beach Resort (HBR)accepts Your Reservation and Receives

Question 76

Multiple Choice

In January,the Huntington Beach Resort (HBR) accepts your reservation and receives your $2,000 payment for a week of sun and fun in California during spring break.In January,HBR will record a journal entry that includes a debit to:


A) Cash and a credit to Unearned Revenue.
B) Accounts Payable and a credit to Service Revenue.
C) Cash and a credit to Service Revenue.
D) Service Revenue and a credit to Cash.

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