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, 2017, Tablet Tailors signed 100 contracts, receiving a total of $50,000 in cash.

2.Tablet Bundle B includes the tablet and Internet service plus a service plan for the tablet PC (for any repairs or upgrades to the tablet or the Internet connections) during the 3-year contract period. That product bundle sells for $600. Tablet Tailors provides the 3-year tablet service plan as a separate product with a standalone selling price of $150. Tablet Tailors signed 200 contracts for Tablet Bundle B on July 1, 2017, receiving a total of $120,000 in cash.

(a) journal entries to record the revenue arrangement for Tablet Bundle A on January 2, 2017, and December 31, 2017.

(b) journal entries to record the revenue arrangement for Tablet Bundle on July 1, 2017 , and December 31, 2017.

(c)Repeat the requirements for part (a), assuming that Tablet Tailors has no reliable data with which to estimate the stand-alone selling price for the Internet service

For Part A, I believe the correct accounts would be a Debit to both Cash for $50,000 and Accounts Receivable and a credit to Revenue and Unearned Revenue. I am unsure what amounts would be needed for those accounts.

Also, I am confused as to what Part C is asking.