A parent provides consulting services to its wholly-owned subsidiary during the year. The parent charged the subsidiary $300,000 for the services. The parents cost of providing the services is $265,000. The companies use service revenue and service expense, as appropriate, to record this transaction on their own books. The consolidation eliminating entry or entries related to the intercompany services include an adjustment to the parents accounts as follows

a) a debit to service revenue, $300,000

b) a credit to service expense, $300,000

c) a debit to service expense, $265,000

d) a credit to service revenue, $265,000