MC Qu. 7 On December 1, 2016, King Company collected... On December 1, 2016, King Company collected $26,000 of cash in advance from a customer for services to be provided from January 1, 2017 through June 30, 2017. Which of the following is the correct general journal entry to record this transaction? Multiple Choice Cash Service Revenue Debit Credit 26,000 26,000 Unearned Service Revenue Debit Credit 26,000 26,000 Cash Accounts Receivable Debit Credit 26,000 26,000 Cash Cash Debit Credit 26,000 26,000 Unearned Service Revenue