On November 4, Vivian Company performed services on account for $295,000. On November 26, the company collected the balance due. The November 26 transaction will increase

Select one:

a. Cash and decrease Accounts Receivable by $295,000

b. Accounts Receivable and Service Revenue by $295,000

c. Cash and Accounts Payable by $295,000

d. Service Revenue and decrease Accounts Receivable by $295,000