4. On December 1, 2017, Cream Ale Ltd. receives $1,800 in advance for an agreement to brew beer during the months of December, January, and February. As of December 31, 2017, Cream Ale Ltd: A) would have a $1,200 liability to its client under accrual accounting, and would have a $1,800 liability to its client under cash-basis accounting B) would have recognized $600 revenue under accrual accounting, and would have recognized $1,800 revenue under cash-basis accounting C) would have a $0 liability to its client under accrual accounting, and would have a $1,200 liability to its client under cash-basis accounting D) would have recognized $600 cash under accrual accounting, and would have recognized 1,800 cash under cash-basis accounting