actice Assignment Gradebook ORION Downloadable eTextbook gnment Intermediate Accounting (ACC 615 CALCIATOS FESTEN UNTER VERSION BACK NEX Exercise 18-10 Vaughn Windows mad ures and sells custom storm windows for three-season porches. Vaughn also provides installation service for the windows. The installation process does not involve changes in the windows, so this service can be performed by other vendors. Vaughn enters into the following contract on July 1, 2020, with a local homeowner. The customer purchases windows for a price of $2,420 and chooses Vaughn to do the station Vaughn charges the same price for the windows respective of whether it does the installation or not. The installation service is estimated to have a standalone selling price of $600. The customer pays Vaughn 51,960 (which equals the standalone selling price of the windows, which have a cost of $1,120) pon delivery and the remang balance upon installation of the Windows. The windows are delivered on September 1, 2020, Vugh completes installation on October 15, 2020, and the customer pays the balance du Prepare the journal entries for Vaughn in 2020. (Credit account titles are automatically indented when the amount is embered. Door inden many. I ne entry is required "No entry" for the account titles and enter for the amounts. Round answer to decimal places, n. 5.125.) Account Titles and Explanation 1, 2020 No Entry Date caractentered into Sep 1, 2020 Cash Oct 15, 2020 Cash