James received a check for $1,000 from one of his clients for work he had performed in a prior accounting period. How should James record the receipt of this check? increase Cash $1,000 and decrease Accounts Payable $1,000. increase Cash $1,000 and increase Revenue $1,000. increase Cash $1,000 and increase Owner's Capital $1,000. increase Cash $1,000 and decrease Accounts Receivable $1,000