1. Tablet Bundle A sells a tablet with 3 years of Internet service. The price for the tablet and a 3-year Internet connection service contract is $500. The standalone selling price of the tablet is $250 (the cost to Tablet Tailors is $175). Tablet Tailors sells the Internet access service independently for an upfront payment of $300. On January 2, 2020, Tablet Tailors signed 100 contracts, receiving a total of $50,000 in cash. I need help with the following entry:

					Debit	Credit
Jan. 2	Cash				50,000
		Account Name
		Account Name
		(To record revenue and unearned revenue for Jan. 2 revenue agreement.)