A company received a $10,000 deposit from a customer for goods and services to be delivered in the following month. under the accrual and cash basis accounting, the  deposits would be recorded as

(a) Accrual basis: income    cash basis: liability

(b)Accrual basis: liability     cash basis: liability

(c)Accrual basis: asset     cash basis: asset

(d)Accrual basis: liability     cash basis: income