A company receives $1,980 cash in advance of providing services to a customer. In the journal entry, the company will: Debit Service Revenue $1,980; credit Cash $1,980 Debit Cash $1,980;credit Service Revenue $1,980 Debit Cash $1,980;credit Unearned Service Revenue $1,980 Debit Unearned Service Revenue $1,980; credit Cash $1,980 On December 1, Tyler Company purchased 5 units of inventory at a cost of $3.00 each. On December 8, the company purchased 10 units at a cost of $4.50 each. On December 9, the company sold 8 units. Using a LIFO perpetual inventory system, what is the cost of ending inventory after the December 9 sale? Two-thirds of the work related to $12,000 of cash received in advance was performed by December 31, 2019 (the end of the annual accounting period). In the December 31, 2019 adjusting entry, the company will: Debit Service Revenue $8,000; credit Unearned Service Revenue $8,000 Debit Unearned Service Revenue $8,000; credit Service Revenue $8,000 Debit Accounts Receivable $8,000; credit Service Revenue $8,000 Debit Cash $8,000; credit Service Revenue $8,000 On January 1, 2021, Shelby Company issued $250,000, 10-year, 7% bonds at 98. Interest is paid semiannually on each June 30 and December 31. The maturity date is December 31, 2030. How much Bond Interest Expense will the company record on each semiannual cash interest payment date? $9,000 $8,750. $500 $250