Jack's tutoring provides accounting tutoring services to college students. Jack's provides the tutoring itself $($the instruction$)$ as well as the

workbook used during instruction. Some customers only wish to buy the workbook and others only wish to receive tutoring $($instruction$).$ Most

students purchase the workbook if they choose to have tutoring $($instruction$).$

Round all answers and do not worry about minor rounding differences.

Customer is Jill

Date of contract

Tutoring begins on

Tutoring will happen every Monday for

Workbook is provided to customer at the date the contract is signed

Workbook is the customer's to keep

Workbook cost Jack's the following to purchase

Price of workbook charged if purchased separately

Price charged for tutoring if purchased separately

Customers are charged a lesser amount as follows for both workbook & tutoring

Jack's year end is

Customers pay at the contract date for BOTH the tutoring services and the accounting woorkbook.

Assume there are four Mondays in each month

Assume that Jack's only makes one entry for all revenue earned in a given month at the END of the month.

ALL COMPUTATIONS AND TRANSACTIONS ARE FOR ONE STUDENT ONLY.

What is tbe amount of total revenue that should be recognized in the current accounting period $(12/31/$X$7)?$ & what is the total total balance in all deferred revenue accounts at the end of the current accounting period?