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A consulting company provides a $5,000 service to a client on October 30, 2020. The client receives the bill for services rendered and makes a

A consulting company provides a $5,000 service to a client on October 30, 2020. The client receives the bill for services rendered and makes a cash payment on November 25, 2020. The consulting company uses the accrual accounting method and will record the $5,000 revenue on which date?

A. October 30, 2020 B. November 25, 2020 C. January 1, 2021 D. April 15, 2021

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