Bill Justice Is a Lawyer Who Requires That His Clients $\begin{array}{l}\text { Unearned Service Revenue }&15,000 \\\text { Service Revenue }&&15,000 \\\end{array}$

Bill Justice is a lawyer who requires that his clients pay him in advance of legal services rendered. Elliott routinely credits Service Revenue when his clients pay him in advance. In June Bill collected $25000 in advance fees and completed 60% of the work related to these fees. What adjusting entry is required by Bill's firm at the end of June? a. $\begin{array}{l}\text { Unearned Service Revenue }&15,000 \\\text { Service Revenue }&&15,000 \\\end{array}$

b. $\begin{array}{l}\text { Unearned Service Revenue } &10,000\\\text { Service Reyenue }&&10,000\end{array}$

c. $\begin{array}{lrr} \text { Cash } &25,000\\ \text { Service Revenue } &&25,000\\\end{array}$


d. $\begin{array}{lrr} \text { Service Revenue } &10,000\\ \text { Unearned Service Revenue} &&10,000\\\end{array}$