On July 5, 2023, Julie hired Pennys Paving to resurface the driveway at her home for a contract price of $20,000. Upon signing the contract, Julie remitted a deposit equal to 10% of the contract price. The remainder of the contract price will be due 30 days after Pennys Paving fulfills its performance obligations. Pennys Paving completed the work on August 31, 2023. Julie remitted the final payment on September 28, 2023. Assume that Pennys Paving uses accrual-basis accounting. Which of the following transactions describes how will the July 5 event will affect the financial statements of Pennys Paving