GreenLawn Co. provides landscaping services to clients. On May 1, a customer paid GreenLawn $60,000 for 6-months services in advance. GreenLawnâs general journal entry to record this transaction will include a:
Multiple Choice
Debit to Unearned Revenue for $60,000.
Credit to Cash for $60,000.
Credit to Unearned Revenue for $60,000.
Debit to Accounts Receivable for $60,000.
Credit to Accounts Receivable for $60,000.
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