In May, Quinn Accounting billed its client $3,000 for services provided in May. The client did not pay Quinn for these services until June. How would this transaction affect the accounting equation in May?

A. Increase both cash and service revenue by $3,000

B. Decrease accounts receivable and increase service revenue by $3,000

C. This transaction will not affect the accounting equation in May since the cash was not collected by Quinn until June

D. Increase both accounts receivable and service revenue by $3,000