On 20 June 2016,Parker Services Received $2 400 in Advance

Multiple Choice

On 20 June 2016,Parker Services received $2 400 in advance from a customer for one month's service.The journal entry to record the receipt of cash would be which of the following?

A) Debit Cash $2 400 and credit Service revenue $2 400.
B) Debit Cash $2 400 and credit Unearned service revenue $2 400.
C) Debit Unearned service revenue $2 400 and credit Service revenue $2 400.
D) Debit Unearned service revenue $2 400 and credit Cash $2 400.