Business, 13.11.2019 04:31 mirmir62

Sarjit systems sold software to a customer for $293,000. 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 $255,000 and a stand-alone six-month technical support contract for $45,000, so these products would sell for $300,000 if sold separately. prepare sarjit’s journal entry to record the sale of the software. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

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Sarjit systems sold software to a customer for $293,000. as part of the contract, sarjit promises to...