Adams, Inc. recorded the following journal entry on March 2, 2018.

Cash	9 comma 500

Unearned Revenue		9 comma 500

From the journal entry above, identify the transaction on March 2, 2018.

A.

Adams paid

$ 9 comma 500

for services to be received at a later date.

B.

Adams purchased goods worth

$ 9 comma 500

and signed a

oneminus

year

note for the same amount.

C.

Adams received

$ 9 comma 500

for services to be performed in a later period.

D.

Adams sold goods for

$ 9 comma 500

cash.