Gi Gi's Dance Studio Provided $150 of Dance Instruction and Rented

question 144

Short Answer

Gi Gi's Dance Studio provided $150 of dance instruction and rented out its dance studio to the same client for another $100. The client paid immediately. Identify the general journal entry below that Gi Gi's will make to record the transaction.
A)
$\begin{array}{|l|r|r|}\hline \text { Accounts Receivable } & 250 & \\\hline \text { Rental Revenue } & & 100 \\\hline \text { Instruction Revenue } & & 150 \\\hline\end{array}$
B)
$\begin{array}{|l|r|r|}\hline \text { Unearned Revenue } & 250 & \\\hline \text { Rental Revenue } & & 100 \\\hline \text { Instruction Revenue } & & 150 \\\hline\end{array}$
C)
$\begin{array}{|l|r|r|}\hline \text { Rental Revenue } & 100 & \\\hline \text { Instruction Revenue } & 150 & \\\hline \text { Cash } & & 250 \\\hline\end{array}$
D)
$\begin{array}{|l|r|r|}\hline \text { Accounts Payable } & 250 & \\\hline \text { Rental Revenue } & & 100 \\\hline \text { Instruction Revenue } & & 150 \\\hline\end{array}$
E)
$\begin{array}{|l|r|r|}\hline \text { Cash } & 250 & \\\hline \text { Rental Revenue } & & 100 \\\hline \text { Instruction Revenue } & & 150 \\\hline\end{array}$

• A)
• \(\begin{array}{|l|r|r|}
• \hline \text { Accounts Receivable } & 250 & \\
• \hline \text { Rental Revenue } & & 100 \\
• \hline \text { Instruction Revenue } & & 150 \\
• \hline
• \end{array}\)
• B)
• \(\begin{array}{|l|r|r|}
• \hline \text { Unearned Revenue } & 250 & \\
• \hline \text { Rental Revenue } & & 100 \\
• \hline \text { Instruction Revenue } & & 150 \\
• \hline
• \end{array}\)
• C)
• \(\begin{array}{|l|r|r|}
• \hline \text { Rental Revenue } & 100 & \\
• \hline \text { Instruction Revenue } & 150 & \\
• \hline \text { Cash } & & 250 \\
• \hline
• \end{array}\)
• D)
• \(\begin{array}{|l|r|r|}
• \hline \text { Accounts Payable } & 250 & \\
• \hline \text { Rental Revenue } & & 100 \\
• \hline \text { Instruction Revenue } & & 150 \\
• \hline
• \end{array}\)
• E)
• \(\begin{array}{|l|r|r|}
• \hline \text { Cash } & 250 & \\
• \hline \text { Rental Revenue } & & 100 \\
• \hline \text { Instruction Revenue } & & 150 \\
• \hline
• \end{array}\)

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