On June 1, 2020 Yellow Company received an advance payment of $56,000 from a customer. The payment was for four months of services Yellow Company would perform for the customer at the rate of $14,000 per month. Yellow started providing the service on June 1, 2020. On June 1, 2020 Yellow made an entry in its accounting system debiting Cash for $56.000 and crediting Unearned Service Revenue for $56.000. This is the only entry that has been made related to this transaction Select the adjusting entry Yellow should make prior to preparing financial statements on June 30, 2020 Account Name Debit Credit A Unearned Service Revenue 42.000 Service Revenue 142.000 B. Unearned Service Revenue 56,000 Service Revenue 56,000 C. Service Revenue 14,000 Uneared Service Revenue 14.000 D. Service Revenue 142.000 Unearned Service Revenue 42,000 Adjusting Entry Adjusting Entry B Adjusting Entry Adjusting Entry D None of the above. Yellow's employees are paid in cash each Friday for that week's work and the cash payment of the payroll is recorded in the accounting system. The last payday of June was on Friday, June 27, 2020. The employees worked on Saturday June 28th, Sunday June 29th, and Monday June 30. On June 28 the employees earned $1,800. On June 29 the employees earned $1,600. On June 30 the employees earned $1,100 On June 1, 2020 the beginning balance in Yellow's Wages Payable account was $0. Select the adjusting entry related to wages that Yellow should make as of June 30, 2020 Account Name Debit Credit A Wages Payable 4,500 Wages Expense 14.500 B. Cash 14.500 Wages Payable 14,500 C. Wages Payable 4.500 Cash 4,500 Adjusting Entry A Adjusting Entry B Adjusting Entry No adjusting entry is required - the wages will be paid during the first week of July, 2020. None of the above