Question: Please solve correctly with clear explanation needed Question 3 Clock Industries signed a contract on December 31, 2022 to deliver services in January 2023. At

Please solve correctly with clear explanation needed

Question 3 Clock Industries signed a contract on December 31, 2022 to deliver services in January 2023. At the signing the client gave Clock $150,000 for the services. Which of the following seems like the correct entry for Clock for December 31, 2022? a. Cash $150,000 Revenue $150,000 b. Accounts Receivable $150,000 Revenue $150,000 c. Accounts Receivable $150,000 Unearned Revenue $150,000 d. Cash $150,000 Unearned Revenue $150,000 Ob Od

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