With respect to Transaction $1-10$ January in Scenario B assuming revenue was recognised in the previous year the correct journal entry should be:

Select one:

O a$.$ None of the above

b$.$ DR Deferred Revenue R$40,000$ DR Accounts receivable R$10,000$ CR Revenue R$50,000$

O c$.$ DR Bank R$40,000$ CR Revenue R$40,000$

O d$.$ DR Bank R$40,000$ CR Debtor R$40,000$N