Silvia's Studio provided $220 of dance instruction and rented out its dance studio to the same client for another $135. The client paid cash immediately. Identify the general journal entry below that Silvia's Studio will make to record the transaction.
A.
Accounts Payable | 355? | |
Rental Revenue | 135? | |
Instruction Revenue | 220? |
B.
Rental Revenue | 135? | |
Instruction Revenue | 220? | |
Accounts Receivable | 355? |
C.
Rental Revenue | 135? | |
Instruction Revenue | 220? | |
Cash | 355? |
D.
Cash | 355? | |
Rental Revenue | 135? | |
Instruction Revenue | 220? |
E.
Unearned Revenue | 355? | |
Rental Revenue | 135? | |
Instruction Revenue | 220? |
Answer: D
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