Summer Fun, Inc. offers various services to their hotel and residential customers. Hotel customers

pay on a monthly contract basis, while residential customers pay an hourly rate based on services

provided.

In July $2021,$ Summer Fun, Inc. signed a $4-$month contract with Resorts Unlimited to provide pool and

spa cleaning services for its hotel sites. The contract price of $$210,000$ was collected on July $1,2021.$

The services will be provided evenly over the $4$ months $($July through October$).$

During July $2021,$ Summer Fun, Inc. also provided $10$ hours of residential pool services at $$35$ per

hour. Payment is expected in August.

a$.$

Prepare the entry on July $1,2021$ to record the receipt of $$210,000$ cash related

to the contract with Resorts Unlimited.

b$.$

Prepare the adjusting entry to be made on July $31,2021$ for the contract work

performed for Resorts Unlimited during the month.

Prepare the adjusting entry needed on July $31,2021$ to reflect the residential

C$.$

pool services performed during the month.