Robert Rogers, CPA, Performed Accounting Services for a Client in December

Multiple Choice

Robert Rogers, CPA, performed accounting services for a client in December. A bill was mailed to the client on December 30. Roberts received the client's check by mail on January 5. Which of the following accounts should appear on the income statement for the year ended December 31 as per the revenue recognition principle?

A) Service Revenue
B) Unearned Revenue
C) Accounts Payable
D) Prepaid Expense