Adriana Graphic Design receives $1,500 from a client billed in a previous month for services provided. Which of the following general journal entries will Adriana Graphic Design make to record this transaction?
A.
Accounts Receivable | 1,500 | |
Unearned Design Revenue | 1,500 |
B.
Cash | 1,500 | |
Unearned Design Revenue | 1,500 |
C.
Accounts Payable | 1,500 | |
Design Revenue | 1,500 |
D.
Accounts Receivable | 1,500 | |
Cash | 1,500 |
E.
Cash | 1,500 | |
Accounts Receivable | 1,500 |
Answer: E
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