Chapter 5 - Q12: Prepare adjusting entries Homework. Unanswered - When a business receives cash in advance of services being performed and credits a liability account, the adjusting entry needed after the services are performed will be: Select an answer and submit. For keyboard navigation, use the up/down atrow keys to select an answer, a debit Service Revenue account and credit Uneared Revenue b debit Unearned Revenue and credit Service Revenue debit Unearned Revenue and credit Cash d debit Unearned Revenue and credit Accounts Receivable Unanswered . 2 attempts left Submit