Beetles, Inc. recorded the following journal entry on March 2, 2016. From the journal entry above, identify the transaction on March 2, 2016. A. Beetles paid $5,000 for services to be received at a later date. B. Beetles sold goods for $5.000 cash. C. Beetles purchased goods worth $5,000 and signed a one - year note for the same. D. Beetles received $5,000 for services to be performed in a later period