Current Attempt in Progress

Sandhill Windows manufactures and sells custom storm windows for three$-$season porches. Sandhill 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. Sandhill enters into the following contract on July $1,2020,$ with a local homeowner. The customer purchases windows for a price of $$2,520$ and chooses Sanchill to do the installation. Sandhill charges the same price for the windows irrespective of whether it does the installation or not. The install ation service is estimated to have a standalone selling price of $$600.$ The customer pays Sandhill $$2,050($which equals the standalone selling price of the windows, which have a cost of $$1,110)$ upon delivery and the remaining balance upon installation of the windows. The windows are delivered on September $1,2020,$ Sandhill completes installation on October $15,2020.$ and the customer pays the balance due

Prepare the journal entries for Sanchill in $2020./$Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No entry for the occount titles and enter O for the amounts. Round answer to $0$ decimal places, eg$.5,125,$

Date

Jul. $1,2020$

$141\mathrm{.}1,2020$

Solo $2,2,0,02$

Account Titles and Explanation

No Elintry

No Entry

$($To record contract entered into$)$

costh

acoounte Recelvable

Unearned Service Revenue

Sales Revemue

$($To record sales$)$

Cost of Goods sold

Inwentory

$($To record cost of goods sold$)$

Cesth

uneamed Service Revenue

Service Revenue

Acoounts Recelvable