Use the following to answer questions 9-10 On November 1st, the company received a $50,000 payment from a customer for services to be rendered evenly over the next five months. Deferred Revenue was credited on November 1st and no other entries regarding this transaction were made until December 31st. 9. $ After the adjusting entry has been recorded on December 31", determine the ending balance in the deferred revenue account that should be recorded on the December 31" Balance Sheet. 10. $ After the adjusting entry has been recorded on December 31", determine the amount of service revenue that should be recognized for this customer on the annual income statement on December 31st. 1304 words LE English (United States) Focus 1x 205% 100% 100%