A company provided $12,000 of consulting services and was immediately paid in cash by the customer. Identify the journal entry below that properly records this transaction.

Question 27 options:

A)

Account Title	Debit	Credit
Accounts Receivable	12,000
Cash		12,000

B)

Account Title	Debit	Credit
Cash	12,000
Consulting Services Revenue		12,000

C)

Account Title	Debit	Credit
Consulting Services Revenue	12,000
Cash		12,000

D)

Account Title	Debit	Credit
Accounts Payable	12,000
Consulting Services Revenue		12,000

E)

Account Title	Debit	Credit
Accounts Receivable	12,000
Consulting Services Revenue		12,00