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In January 2021, Thompson Company recelved a $36,000 customer prepayment for services to be provided in 2021 and 2022 . The services were performed equally

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In January 2021, Thompson Company recelved a $36,000 customer prepayment for services to be provided in 2021 and 2022 . The services were performed equally over the two years. The $36,000 was reported as service revenue in 2021 , even though the services were performed as scheduled Assuming 2021 is now closed but 2022 is still open, what correctingrentry is needed

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