Early in the month a $700 cash collection on account was recorded as a debit to Cash and a credit to Unearned Revenue. The error was discovered when the customer received a statement that showed $700 still owing. Assuming the original entry is not reversed, the correcting journal entry would include a $700 debit to Unearned Revenue and a $700 credit to Accounts Receivable. a $1,400 debit to Unearned Revenue and a $1,400 credit to Cash. a $700 debit to Cash, a $700 debit to Account Receivable and a $1,400 credit to Unearned Revenue. a $700 debit to Cash and a $700 credit to Accounts Receivable.