GreenLawn Co. provides landscaping services to clients. On May 1, a customer paid GreenLawn $72,000 for 6-months services in advance. GreenLawn's general journal entry to record this transaction will include a:

A. Credit to Unearned Revenue for $72,000.
B. Credit to Accounts Receivable for $72,000.
C. Credit to Cash for $72,000.
D. Debit to Unearned Revenue for $72,000.
E. Debit to Accounts Receivable for $72,000.


Answer: A

Business

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