Mary Richardo has performed $500 of CPA services for a client but has not billed the client as of the end of the accounting period.What adjustment must Mary make?
A) increase Cash and increase Unearned Service Revenue
B) decrease Accounts Receivable and increase Unearned Service Revenue
C) increase Accounts Receivable and increase Service Revenue
D) decrease Unearned Service Revenue and increase Service Revenue
Correct Answer:
Verified
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