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

Cash	10 comma 500

Unearned Revenue		10 comma 500

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

A.

Adams paid

$ 10 comma 500

for services to be received at a later date.

B.

Adams purchased goods worth

$ 10 comma 500

and signed a

oneminus

year

note for the same amount.

C.

Adams sold goods for

$ 10 comma 500

cash.

D.

Adams received

$ 10 comma 500

for services to be performed in a later period.