Question $3(1$ point$)$

The following is a correct journal entry:

Cash $q,14,400$

Consulting Revenue. $14,440$

What is this journal entry recording?

a An increase in an asset and a decrease in owners' equity.

b An increase in owners' equity and a decrease in assets.

c An increase in an asset and an increase in owners' equity

dhs

An increase in an asset and an increase in a liability