Silvia's Studio provided $150 of dance instruction and rented out its dance studio to the same client for another $100. The client paid cash immediately. Identify the general journal entry below that Silvia's Studio will make to record the transaction.
A.
Cash | 250 | |
Rental Revenue | 100 | |
Instruction Revenue | 150 |
B.
Rental Revenue | 100 | |
Instruction Revenue | 150 | |
Accounts Receivable | 250 |
C.
Unearned Revenue | 250 | |
Rental Revenue | 100 | |
Instruction Revenue | 150 |
D.
Rental Revenue | 100 | |
Instruction Revenue | 150 | |
Cash | 250 |
E.
Accounts Payable | 250 | |
Rental Revenue | 100 | |
Instruction Revenue | 150 |
Answer: A
Business
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