12A. Wizard Computers has the following transactions related to the sale of merchandise inventory (Click the loon to view the transactions) Joumalize the transactions for Wizard Computers assuming that the company uses the perpetual inventory system. (Record debils first, then oredits. Select the explanation on the last lirne of the joumal entry table) Mar. 1: Sold a computer (oost of $3,500) for $10,000 to a customer The customer paid cash The sales price includeda one-year service contract valued at $252 Begin by preparing the entry to joumaline the sale portion of the transaction Do not recond the expense related to the sale. We will do that in the folowing step Date Accounts and Explanation Debit Mar. 1 More Into 1 Sold a computer (cost of $3.500) for $10,000 to a customer. The customer paid cash. The sales price included a one-year service contract valued at $252 Mar. Now joumalize the expense related to the March 1 sale Cost of Goods Sold, $3,500 Dec. 31 Recorded the amount of service conteact eamed Print Done Mar 1 Dec. 31: Reoorded the amount of service contract eamed Accounts and Explanation Choose from any list or enter any number in the input felds and then continue to the next question Save for Later 928 4 5 6 9 3 12A Wirard Computers has the following transactions related to the sale of merchandise inventory (Click the loon to view the transactions.) Journalize the transacions for Wizard Computers assuming that the t compary unes te perpetusl inventery systlem. Rocord deits t, hen credis, Select the enplanation on the nt in of he joumal eny b Now jornalize the expense related to te March 1 sal. ost of Goods Sok. $3.500. Mone Into Accounts and Explanation Debit Mar. 1 Mar. 1 Sold a computer (cost of$3,500) for $10,000 t0 a customer. The customer paid cash. The sales price included a one year service conract valued at $252 Dec. 31 Recorded the amount of service contract eamed Dec. 31: Recorded the amount of service contract earned Print Done Date Dec. 31 Choose from any ist or enter any number in the input fields and then continue to the next question Save for Later MacBook Air 3 4. 5 6 7