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estion 12 On December 1st, a company receives cash in advance of $2,000 for services to be performed next month. What journal entry should
estion 12 On December 1st, a company receives cash in advance of $2,000 for services to be performed next month. What journal entry should be recorded on December 1st? O Debit: cash $2,000 Credit: deferred revenue $2,000 O Debit: deferred revenue $2,000 Credit: cash O Debit: accounts receivable $2,000 $2,000 Credit: service revenue $2,000 O Debit: cash $2,000 Credit: service revenue $2,000
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