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On September 1, 2022, Betty DeRose, Inc. received $54,000 cash from a customer as payment for services to be performed over the next 30 months.
On September 1, 2022, Betty DeRose, Inc. received $54,000 cash from a customer as payment for services to be performed over the next 30 months. Betty DeRose, Inc. received $49,000 cash from another customer on May 31, 2023 as payment for services to be performed over the next 28 months. Calculate the total amount of unearned revenue that would appear in Betty DeRose, Inc's December 31, 2024 balance sheet.
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