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17) Meyer & smith is a full-service company. They provide equipment, installation services as well as a full year of technical support. Customers can purchase

17) Meyer & smith is a full-service company. They provide equipment, installation services as well as a full year of technical support. Customers can purchase any product or services separately or as a bundles package. Container Corporation purchase computer equipment, installation, and 12 months of technical support for a total cost of $144,000 on March 15, 2024. Estimated standalone selling price of the equipment, installation and technical support are $90,000, $60,000, and $30,000 respectively. The journal entry to record the transaction on March 15,2024 will include a

A) credit to service revenue of $60,000

B) credit to Sales Revenue for $144,000 INCORRECT

C) credit to unearned service revenue $ 24,000

D) debit to unearned service revenue

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