Business, 09.07.2019 00:20 smartypants02

Sarjit systems sold software to a customer for $92,000. as part of the contract, sarjit promises to provide “free” technical support over the next six months. sarjit sells the same software without technical support for $80,000 and a stand-alone six-month technical support contract for $20,000, so these products would sell for $100,000 if sold separately. prepare sarjit’s journal entry to record the sale of the software

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Sarjit systems sold software to a customer for $92,000. as part of the contract, sarjit promises to...