Kay Company receives a cash payment of $4,000 on November 12 for services it will perform in December. What journal entry should Kay Company record on November 12, when it receives the cash?

Question 2 options:

	Debit Cash for $4,000, Credit Deferred Service Revenue for $4,000.
	Debit Cash for $4,000, Credit Service Revenue for $4,000.
	Debit Service Revenue for $4,000, Credit Cash for $4,000.
	Debit Service Revenue for $4,000, Credit Unearned Service Revenue for $4,000.