Question: Pine Inc. provided services to a customer worth $2,000 on April 28 and recorded no journal entry. It received the payment from the customer on
Pine Inc. provided services to a customer worth $2,000 on April 28 and recorded no journal entry. It received the payment from the customer on May 3. What adjustment is needed at the end of April, assuming Pine Inc. records adjusting entries monthly? Question 2 options: a) Debit Accounts Receivable $2,000 and credit Deferred Revenue $2,000. b) Debit Service Revenue $2,000 and credit Deferred Revenue $2,000. c) Debit Deferred Revenue $2,000 and credit Service Revenue $2,000. d) Debit Accounts Receivable $2,000 and credit Service Revenue $2,000. e) Debit Service Revenue $2,000 and credit Accounts Receivable $2,000
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