Early in the accounting period, a customer paid $1,500 for services in advance of receiving them; Cash was debited and Unearned Service Fees was credited for $1,500. At the end of the accounting period, two-thirds of the services paid for had yet to be performed. The proper adjusting entry is:

Select one:

A.

Unearned Service Fees

1,000

Service Fees Earned

1,000

B.

Service Fees

500

Unearned Service Fees Earned

500

C.

Unearned Service Fees

500

Service Fees Earned

500

D.

Service Fees

1,000

Unearned Service Fees Earned

1,000

E. None of the above