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i need help with this last part I keep getting the caluculations wrong dlat the company uses the perpetual inventory system. (Record debits firs NOW

i need help with this last part I keep getting the caluculations wrong image text in transcribed
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dlat the company uses the perpetual inventory system. (Record debits firs NOW JOurnaize une expense reiated tw ne MarcnT sae CoSI or Goods5O, 34,00 Date Accounts and Explanation Debit Credit Mar. 1 Cost of Goods Sold 4,900 Merchandise Inventory 4,900 Recorded the cost of goods sold. Dec. 31: Recorded the amount of service contract earned. Date Accounts and Explanation Debit Credit Unearned Revenue Dec. 31 164 Service Revenue 164 Service revenue eaned Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All MacBook Pro esc O00 FA F2 F3 FE1 ACG 3024 Fall 2019 Lavonte Mcleish Homework: Homework 3 - Chapters 5-6 Score: 4.41 of 5 pts 1 of 2 (1 complete) HW Score TI5A-7 (similar to) 12A Salem Computers has the following transactions related to the sale of merchandise inventory (Click the icon to view the transactions.) Journalize the transactions for Salem Computers assuming that the company uses the perpetual inventory system. (Record debits first, then credits. Select the explanation on the last line of t Mar. 1: Sold a computer (cost of $4,900) for $14,000 to a customer. The customer paid cash The sales price included a one-year service contract valued at $204. Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following step. Date Accounts and Explanation Credit Debit Cash 14,000 Mar. 1 13.796 Sales Revenue Uneamed Revenue 204 Cash sale including a one-year service contract Now joumalize the expense related to the March 1 sale-Cost of Goods Sold, $4,900. Debit Credit Accounts and Explanation Date 4,900 Cost of Goods Sold Mar. 1 4.900 Merchandise Inventory Choose from any list or enter any number in the input fields and then click Check Answer Final Che All parts showing Clear Al MacBook Pro esc 12A. Salem Computers has the following transactions related to the sale of merchandise inventory. i (Click the icon to view the transactions.) Journalize the transactions for Salem Computers assuming that the company uses the perpetual inventory system. (Record d Cash sale including a one-year service contract. Now journalize the expense related to the March 1 sale-Cost of Goods Sold, $4,900. Date Accounts and Explanation Debit Credit Cost of Goods Sold Mar. 1 4,900 Merchandise Inventory 4,900 Recorded the cost of goods sold. Dec. 31: Recorded the amount of service contract earned. Date Accounts and Explanation Debit Credit Unearned Revenue Dec. 31 Service Revenue Choose from any list or enter any number in the input fields and then click Check Answer. parts showing Clear All MacBook Pro

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