Northern University Operates a Bookstore $\begin{array}{lccc} \text {Cash and Cash Equivalents}&2,650,000\\ \text {Operating Revenues - Auxiliary Enterprises}&& 2,650,000\\\end{array}$

Multiple Choice

Northern University operates a bookstore. The bookstore had revenues in the amount of $2,650,000. What is the journal entry to record this event?
A.
$\begin{array}{lccc} \text {Cash and Cash Equivalents}&2,650,000\\ \text {Operating Revenues - Auxiliary Enterprises}&& 2,650,000\\\end{array}$

B.
$\begin{array}{lccc} \text {Cash }&2,650,000\\ \text {Operating Revenues - Restricted }&& 2,650,000\\\end{array}$

C.
$\begin{array}{lccc} \text {Cash and Cash Equivalents}&2,650,000\\ \text {Due to General Fund}&& 2,650,000\\\end{array}$


D.
$\begin{array}{lccc} \text {Cash}&2,650,000\\ \text {Due to Auxiliary Enterprise Fund}&& 2,650,000\\\end{array}$

A) Choice A
B) Choice B
C) Choice C
D) Choice D