On April 15 an engineer received $25,000 to design a swimming pool for a hotel. He will do the work in June and at that time deliver his plans for the pool. Select the appropriate journal entry for the engineer in April.

Group of answer choices

a. Debit Cash and credit service revenue for $25,000

b. Debit service revenue and credit cash for $25,000

c. Debit unearned revenue and credit cash for $25,000

d. Debit cash and credit unearned revenue for $25,000

2.

Your business does landscaping work. In August you performed a landscaping job for a long time customer and you completed the job on August 20. You will charge the customer $10,000. The customer is satisfied with the work and will pay you in September. You know the customer has good credit so you will allow her to pay in September. Prepare the entry for the landscaping business in August.

Group of answer choices

a. Debit Unearned Revenue and Credit Cash for $10,000

b. Debit Accounts Receivable and credit Service Revenue for $10,000

c. Debit Cash and credit Service Revenue for $10,000

d. Debit Service Revenue and credit Cash for $10,000

3.

Accounts receivable is

Group of answer choices

a. a current liability on the balance sheet

b. a current asset on the balance sheet

c. a current liability on the income statement

d. a current asset on the income statement

4.

Property, plant, and equipment is

Group of answer choices

a. A revenue on the income statement

b. An asset on the income statement

c. A asset on the statement of stockholder's equity

d. An asset on the balance sheet