Business, 20.08.2021 01:40, struckedblazing

Minor Games received a $500 payment for services to be provided in the future. Show how this transaction should be entered into T-accounts of Minor Games, by selecting the correct answer below. A. Place $500 on the left side of the Unearned Revenue account; place $500 on the right side of the Cash account.
B. Place $500 on the right side of the Cash account; place $500 on the left side of the Accounts receivable account.
C. Place $500 on the left side of the Cash account; place $500 on the right side of the Accounts payable account.
D. Place $500 on the left side of the Cash account; place $500 on the right side of the Unearned Revenue account.

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Minor Games received a $500 payment for services to be provided in the future. Show how this transac...