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Ozark Cabin Resorts rents vacation cabins to tourists. Customers pay at the time they book their reservations. In 2020, Ozark Cabin Resorts had a beginning

Ozark Cabin Resorts rents vacation cabins to tourists. Customers pay at the time they book their reservations. In 2020, Ozark Cabin Resorts had a beginning balance of $8,300 in its Unearned Service Revenue account. During 2020, customers made advance deposits of $50,000, and Service Revenue earned during 2020 was $48,000. The December 31 balance in the Unearned Service Revenue was

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