1. Create a General Journal for the events outlined below

Real estate asset manager performs services for customers and bills the customers. Provide the

journal entry for these transactions?

a. Accounts receivable increase by $5,000; revenues increase by $5,000.

b. Cash increases by $5,000; revenues increase by $5,000.

c. Cash increases by $5,000; accrued liability increase by $5,000.

d. Cash decrease by $5,000; Prepaid Expenses increase by $5,000.