Cal's Computer$$ Servicing, Inc., a service company that provides installation services for computer$$ programs, had a service revenue transaction in the amount of $ $120$ comma $000$ on May$31,2022,$ with one customer. This customer chose to put the balance owed on its credit account with Cal's$,$ and it will pay off the balance in the following month. What is the effect of the revenue transaction on the accounting$$ equation? What is the journal entry for this$$ transaction? Omit explanation.