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On April 1,2017, Planet Services received $8,000 in advance of performing the services from a custome for hee month of service April, May and June.

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On April 1,2017, Planet Services received $8,000 in advance of performing the services from a custome for hee month of service April, May and June. What would be the journal entry to adjust the accounts at the end of May? A) Debit Service Revenue $2,667, and credit Unearned Revenue $2.667 B) Debit Unearned Revenue $5,333, and credit Service Revenue $5,333. C) Debit Unearned Revenue $8,000, and credit Service Revenue $8,000 D) Debit Service Revenue $5,333, and credit Accounts Receivable $5,333

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