Bramble Windows manufactures and sells custom storm windows for three-season porches. Bramble 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. Bramble enters into the following contract on July 1, 2020, with a local homeowner. The customer purchases windows for a price of $2,470 and chooses Bramble to do the installation. Bramble charges the same price for the windows irrespective of whether it does the installation or not. The customer pays Bramble $1,940 (which equals the standalone selling price of the windows, which have a cost of $1,050) upon delivery and the remaining balance upon installation of the windows. The windows are delivered on September 1, 2020, Bramble completes installation on October 15, 2020, and the customer pays the balance due. places, e.g. 3,125 Date Account Titles and Explanation Debit Credit (To record contract entered into) (To record sales) (To record cost of goods sold) (To record payment received)