Disco World began its business on November $1$ and sold contracts

to twelve students for dance lessons that day. The lessons cost

$$375$ per person for a three$-$month period and the students are

required to pay in advance.

$$

Use the information above to answer the following question.

Assuming Disco World adjusts its accounts only at its December $31$

year end, what entry must Disco World make to account for the

services provided through that date?