Use the following information to answer questions 27 and 28: On September 1, 2019, the Matisse Co. received $12,000 cash for services to be performed over the next 12 months. The adjusting journal entry prepared on December 31, 2019 would include a: Debit to Unearned Revenue of $4,000 and a credit to Service Revenue of $4,000 O Debit to Service Revenue of $4,000 and a credit to Unearned Revenue of $4,000. O Debit to Cash of $3,000 and a credit to Unearned Revenue of $3,000. Debit to Cash of $4.000 and a credit to Service Revenue of $4,000. Question 29 (1.5 points) Which of the following statements is true? ! O Payables are increased by a credit. Receivables are increased by a credit. Contributed Capital is increased by a debit Retained Earnings is increased by a debit. None of the above. Adx G D * * 10:37 AM 5/6/2020