HW 5-Chapter 18 Question 7 of 20 View Policies Current Attempt in Progress /20 Ayayai Inc. manufactures and sells computers that include an assurance-type warranty for the first 90 days. Avayal offers an optional extended coverage plan under which it will repair or replace any defective part for 3 years from the expiration of the assurance-type warranty. Because the optional extended coverage plan is sold separately, Ayayai determines that the 3 years of extended coverage represents a separate performance obligation. The total transaction price for the sale of a computer and the extended warranty is $3,720 on October 1, 2020, and Ayayai determines the standalone selling price of each is $3.340 and $380, respectively Further Ayayai estimates, based on historical experience, it will incur $210 in costs to repair defects that arise within the 90-day coverage period for the assurance-type warranty. The cost of the equipment is $1,460. Assume that the $210 in costs to repair defects in the computers occurred on October 25, 2020. (a) Prepare the journal entryles) to record the October transactions related to sale of the computers. (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 account titles and enter O for the amounts) Viewing Question 7 -120 stated Question 8 Anning Drop /10 Question 9 Accounting Mat 4/20 Question 10 -125 started Question 11 -12 M Date Account Titles and Explanation (To record sales) Debit Credit S Question 12 12 Question 13 Multiple Ch -12 Question 14 112