Jackson Tucker Has a Large Consulting Practice

Jackson Tucker has a large consulting practice.New clients are required to pay one-half of the consulting fees up front.The balance is paid at the conclusion of the consultation.Dillion Paiva a new client paid $15000 on August 1 and another $15000 on completiton of the engagement on Sept 1.Use the following tabular analysis to record the receipt of $15000 on Sept 1

A) Increase Cash $15000 and decrease Unearned Revenue $15000.
B) Increase Cash $15000 decrease Unearned Revenue $15000 and increase Service Revenue $30000.
C) Increase Service Revenue $15000 and decrease Unearned Revenue $15000.
D) Increase Cash $15000 decrease Unearned Revenue $15000 and increase Service Revenue $15000.