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A lawyer collected $620 of legal fees in advance. He erroneously debited Cash for $260 and credited Accounts Receivable for $260. The correcting entry is

A lawyer collected $620 of legal fees in advance. He erroneously debited Cash for $260 and credited Accounts Receivable for $260. The correcting entry is

a. Cash 260

Accounts Receivable 360

Unearned Legal Fees

620

b.Cash 360

Accounts Receivable360

c.Cash 620

Legal Fees Earned620

d.Cash 360

Accounts Receivable 260

Unearned Legal Fees

620

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