Question: Does anybody know the answer, please? Golddigger Services Inc. provides services to clients. On May 1, a client prepaid Golddigger Services $60,000 for 6-months services

Does anybody know the answer, please?

Golddigger Services Inc. provides services to clients. On May 1, a client prepaid Golddigger Services $60,000 for 6-months services in advance. Golddigger Services' general journal entry to record this transaction will include a:

A.

Debit to Unearned Management Fees for $60,000.

B.

Credit to Management Fees Earned for $60,000.

C.

Credit to Cash for $60,000.

D.

Credit to Unearned Management Fees for $60,000.

E.

Debit to Management Fees Earned for $60,000.

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