BigDog Industries received cash from its customers in exchange for promising to provide

services in the next accounting period. Which of the following correctly states the impact

the transaction has?

Increase CASH and increase EXPENSES

Increase CASH and increase ACCOUNTS RECEIVABLE

Increase CASH and increase UNEARNED REVENUE

Increase CASH and increase COMMON STOCK

Increase CASH and increase REVENUE

Increase CASH and increase DIVIDENDS

This is not a recordable transaction