On November 1, 2020, Freya Albatter's orthodontic office received a ($ 2,500) prepayment from a client for

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On November 1, 2020, Freya Albatter's orthodontic office received a $\$ 2,500$ prepayment from a client for dental work to be performed on November 22. The appointment got postponed until January 15, 2021. Prepare the journal entries for November 1, the December 31 year-end, and the January 15 appointment dates. Assume that the prepayment was recorded as a revenue because, at that time, it was assumed the work would be performed within the month.

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