During 2019,Ocean Consulting Had the Following Transactions with It Clients

During 2019,Ocean Consulting had the following transactions with it clients (customers) : On February 1,2019,the company received cash of $10,000 from clients in payment of their account balances as of December 31,2018.
On November 1,2019,the company received $4,000 cash as payments in advance for services to be performed in 2020.
The company received a total of $26,000 in cash for services that were performed during 2019.
The company sent bills totaling $8,000 to clients for services performed during 2019;this amount was unpaid as December 31,2019.
Which of the following statements about the activities for Ocean Consulting for 2019 is correct?

A) If Accounts Receivable at December 31,2018 totaled $50,000,the amount of Accounts Receivable to be reported on the Balance Sheet at December 31,2019 will be $48,000.
B) The $4,000 received from clients for services to be performed next year will be reported as revenue on the 2019 income statement.
C) The $8,000 owed by clients for services performed this year will be reported as Accounts Payable on the balance sheet at December 31,2019.
D) The $10,000 received this year from clients in payment of their accounts will be reported as Services Revenue on the 2019 income statement.