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Allocating Transaction Price to Performance Obligations and Recording Sales with a free annual maintenance contract. - Note: Carry all decimals in calculations; round the final
Allocating Transaction Price to Performance Obligations and Recording Sales with a free annual maintenance contract. - Note: Carry all decimals in calculations; round the final answer to the nearest dollar. -Note: If a line of the journal entry isn't required for the transaction, select "N/A" as the account name and leave the Dr. and Cr. answer blank (zero). maintenance contracts to customers. Ignore the cost entry. sale of 48 vehicles to its customers. Ignore the cost entry. Illocated among the performance obligation(s) and record the journal entry in October for Value Dealership's sale of 48 vehicles to its customers. Ignore the cost entry. Allocating Transaction Price to Performance Obligations and Recording Sales with a free annual maintenance contract. - Note: Carry all decimals in calculations; round the final answer to the nearest dollar. -Note: If a line of the journal entry isn't required for the transaction, select "N/A" as the account name and leave the Dr. and Cr. answer blank (zero). maintenance contracts to customers. Ignore the cost entry. sale of 48 vehicles to its customers. Ignore the cost entry. Illocated among the performance obligation(s) and record the journal entry in October for Value Dealership's sale of 48 vehicles to its customers. Ignore the cost entry
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