A law firm collected $2600 on account for work performed in the previous month. Which of the following general journal entries will the firm make to record this transaction?
A. Debit Accounts Receivable, $2600; credit Legal Fees Revenue, $2600.
B. Debit Legal Fees Revenue, $2600; credit Accounts Receivable, $2600.
C. Debit Accounts Receivable, $2600; credit Unearned Legal Fees Revenue, $2600.
D. Debit Cash, $2600; credit Accounts Receivable, $2600.
E. Debit Cash, $2600; credit Unearned Legal Fees Revenue, $2600.
Answer: D
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