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CrazyClean is located in Dallas, TX , and provides car washing services. The company sells a three - month pass for an automatic car wash

CrazyClean is located in Dallas, TX, and provides car washing services. The company sells a three-month pass for an automatic car
wash for $65, which entitles the customer to an unlimited number of car washes during the contract period. CrazyClean estimates that
pass holders wash their cars equally throughout the three-month period. On December 1st, customers purchased $1,560 of the three-
month passes, with usage of the passes occurring evenly throughout the contract period.
Required:
Prepare the journal entries that CrazyClean would record on December 1 and on December 31,2024, with respect to this
transaction.
State the account titles and amounts that will be included in CrazyClean's 2024 income statement and balance sheet.
Complete this question by entering your answers in the tabs below.
Required 1
State the account titles and amounts that will be included in Squeaky Shine's 2024 income statement and balance sheet.
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