Smith Company was hired on December 15 to perform services and earned $1,700 during the month with payment to be received the 15th day of the following month. Assuming the company uses the accrual basis, what would be the adjusting entry on December 31? Accounts Receivable 850 Service Revenue Cash Service Revenue 850 850 850 Service Revenue 1,700 Cash 1,700 Accounts Receivable 1,700 Service Revenue 1,700