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0.00 points Brief Exercise 5-4 Allocating the transaction price LO5-4] Sarjt Systems sold software to a customer for $166,000 As part of the contract, Sarjit
0.00 points Brief Exercise 5-4 Allocating the transaction price LO5-4] Sarjt Systems sold software to a customer for $166,000 As part of the contract, Sarjit promises to provide tree technical support over the next six months. Sarjit sells the same software without technical support for $144000 and a stand-alone six-month technical support contract for $36,000, so thesa products would sell for $180,000 if sold separatehy Prepare Sarjit's journal entry to record the sale of the software. (If no entry is required for a transactionlevent, select "No journal entry required" in the first account field.) Vew transaction list Journal entry worksheet Record the sale of the software. Note: Enter debits before credits Debit Credit Record entry iew general journal TOSH esc 2 3 4 5 tab
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