On May 1,2011,Giltus Advertising Company Received $1,500 from Julie Bee

On May 1,2011,Giltus Advertising Company received $1,500 from Julie Bee for advertising services to be completed April 30,2012.The cash receipt was recorded as unearned fees.At December 31,2011,$500 of the fees had been earned.The adjusting entry on December 31,2011 should include:

A) A debit to Unearned Fees for $500
B) A credit to Unearned Fees for $500
C) A credit to Earned Fees for $1,000
D) A debit to Earned Fees for $1,000
E) A debit to Earned Fees for $500