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  3. silvia's studio provided $340 of dance instruction

Silvia's Studio provided $340 of dance instruction and rented out its dance studio to the...

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Question

Accounting

Silvia's Studio provided $340 of dance instruction and rented out its dance studio to the same client for another $195. The client paid cash immediately. Identify the general journal entry below that Silvia's Studio will make to record the transaction.

Question 32 options:

A)

Account Title Debit Credit
Rental Revenue 195
Instruction Revenue 340
Cash 535

B)

Account Title Debit Credit
Accounts Payable 535
Rental Revenue 195
Instruction Revenue 340

C)

Account Title Debit Credit
Cash 535
Rental Revenue 195
Instruction Revenue 340

D)

Account Title Debit Credit
Rental Revenue 195
Instruction Revenue 340
Accounts Receivable 535

E)

Account Title Debit Credit
Unearned Revenue 535
Rental Revenue 195
Instruction Revenue 340

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