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NIZWA company has the following transaction: Date Transaction May 1 Provided services for OMR 3,000 on account for a customer 4 Paid office rent in
NIZWA company has the following transaction: Date Transaction May 1 Provided services for OMR 3,000 on account for a customer 4 Paid office rent in advance for 6 months, OMR 1,000 cash 7 Received OMR 500 cash from customers billed on May 1 9 Received OMR 550 on service will be completed by December. 10 Paid OMR 400 in cash dividends The Journal Entry for May. 1 should be Select one: O A. DEBIT Unearned Revenue OMR 3,000 and CREDIT Service Revenue OMR 3,000 B. None of the answers are correct OC. DEBIT Service Revenue OMR 3,000 and CREDIT Cash OMR 3,000 D. DEBIT Accounts Receivable OMR OMR 3,000 and CREDIT Service Revenue OMR 3,000 O E. DEBIT Cash OMR 3,000 and CREDIT Service Revenue OMR 3,000
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