ABC Company adjusts its accounts at the end of each month. The following information is provided in order to prepare the adjusting entries at October 31: (1) A one-year bank loan of $360,000 at an annual interest rate of 12% had been obtained on October 1. (2) On October 1 rent on the office building had been paid for 12 months. Monthly rent was $2,160. (3) On October 1, collected $8,950 cash from several clients in advance for the services which would be provided during October, November, and December. Fees of $1,860 were earned during the month of October for clients who had paid in advance. The entry to record the adjusting entry for the revenue earned as of October 31 from advance collection made on October 1 includes: Select one: a.A debit to Unearned Revenue for $8,950 and a credit to Service Revenue for $8,950 b.A debit to Unearned Revenue for $8,950 and a credit to Cash for $8,950 c.A debit to Unearned Revenue for $1,860 and a credit to Service Revenue for $1,860 d.A debit to Cash for $1,860 and a credit to Unearned Revenue for $1,860