Cash (21,500-500-2150) Adu.exp Comission exp 18850 500 2150 Sales rev 21, 500. COGS (20,000 + 2000) x60% 13,200 Inu 13,2 Question 3-(B) Allocate transaction price- (5 Marks) Juliar Windows manufactures and sells custom storm windows for enclosed porches. Julia also provides installation service for the windows. The installation process does not involve changes in the windows, so this service can be provided by other vendors o enters into the following contract on June 1, 2018 with a local homeowner. The customer purchases windows for a price of $3.500 and chooses Julia to do the installation. Julia charges the same price for the windows irrespective of whether it does the installation or not. The price of the installation service is estimated to have a fair value of $900. The customer pays Julia $3,000 (which equals the fair value of the windows, which have a cost of $1.700, upon delivery and the remaining balance upon-installation of the windows. The windows are delivered on August 1, 2018 Julia completes installation on September 15, 2018, and the customer pays the balance due. Prepare the journal entries for Julia in 2018. (Round amounts to nearest dollar) 3000 Cash 500 Solution hich the customer the installaties irrespective Ale nenned service reveu 3500 June 1, 2018 June no entory uneemed service revenu 3 Installation exp 9000 sevice row 3