Beetles Ltd Recorded the Following Journal Entry on 2 March $$\begin{array} { | l | l | l | } \hline \text { Cash } & 6000 & \\\hline \text { Unearned revenue } & & 5000 \\\hline\end{array}$$

Beetles Ltd recorded the following journal entry on 2 March 2016: $$\begin{array} { | l | l | l | } \hline \text { Cash } & 6000 & \\\hline \text { Unearned revenue } & & 5000 \\\hline\end{array}$$ From the journal entry above,identify the transaction on 2 March 2016.

A) Beetles sold goods for $6000 cash.
B) Beetles received $6000 for services to be performed in a later period.
C) Beetles purchased goods worth $6000 and signed a one-year bill for the same.
D) Beetles paid $6000 for services to be received at a later date.