Eduardo's Dance Studio provided $390 of dance instruction and rented out its dance studio to the same client for another $220. The client paid immediately. Identify the general journal entry below that Eduardo's will make to record the transaction.
A.
Unearned Revenue | 610? | |
Rental Revenue | 220? | |
Instruction Revenue | 390? |
B.
Accounts Payable | 610? | |
Rental Revenue | 220? | |
Instruction Revenue | 390? |
C.
Rental Revenue | 220? | |
Instruction Revenue | 390? | |
Cash | 610? |
D.
Cash | 610? | |
Rental Revenue | 220? | |
Instruction Revenue | 390? |
E.
Accounts Receivable | 610? | |
Rental Revenue | 220? | |
Instruction Revenue | 390? |
Answer: D
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