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13A. Big Apple Computers has the following transactions related to the sale ol merchandise mventory 1.) (Click the icon to view the transactions) table.) Mar
13A. Big Apple Computers has the following transactions related to the sale ol merchandise mventory 1.) (Click the icon to view the transactions) table.) Mar 1: Sold a computer (cost of $6,800) for $17,000 to a customer The customer paxt cash, The sales price included a one-year servise cantract valued at $240. Begin by preparing the entry to joumalize the sale portion of the transaction. Do not record the expense relaled to the sale. We will do that in the following step. Now joumalize the expensc related to the March 1 sale-Cost of Goods Sold, $6,800. Now journalize the expense related to the March 1 sale-Cost of Goods Sold, $6,800 Dec. 31: Recorded the amount of service contract eamed
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