Gloria Catering provided $1,000 of catering services and billed its client for the amount owed. Determine the general journal entry that Gloria Catering will make to record this transaction.
A.
| Accounts Receivable | 1,000 | |
| Unearned Catering Revenue | 1,000 |
B.
| Accounts Receivable | 1,000 | |
| Catering Revenue | 1,000 |
C.
| Unearned Catering Revenue | 1,000 | |
| Catering Revenue | 1,000 |
D.
| Accounts Payable | 1,000 | |
| Catering Revenue | 1,000 |
E.
| Catering Revenue | 1,000 | |
| Accounts Receivable | 1,000 |
Answer: B
Business
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