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Mini-Exercise 9-1(Static) Calculate earned revenues LO 9-1 Pool Patrol, Incorporated offers professional pool...

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Accounting

Mini-Exercise 9-1(Static) Calculate earned revenues LO 9-1
Pool Patrol, Incorporated offers professional pool cleaning services to residential customers. The company cleans each pool that it services once per month throughout the year. Homeowners are billed for an annual fee payable in advance prior to their anniversary date. A new customer paid his first annual fee of $780 on May 1,2022. Pool Patrol, Incorporated has provided the agreed monthly cleaning services since that time.
Required:
How much revenue should Pool Patrol, Incorporated recognize with respect to this customer's payment for the fiscal year ended September 30,2022?
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