Identifyling and Recording Customer Option for Additional Merchandise sales were cash sales. Cost of sales is $45\%$ of the selling price.

Two performance obligations $=$

b$.$ Record the fournal entry to record revenue in the first day of the promotion period using the relative percentages to allocate standalone selling prices.

$\backslash$table$[[\backslash$table$[[$Performance$],[$Oblizations$]],,\backslash$table$[[$Transaction$],[$Price$],[$as stated$]],\backslash$table$[[$Standalone$],[$Selling$],[$Prike$]],\backslash$table$[[$Total Allocated$],[$Transaction Price$],[($rounded$)]]],[$Merchandise$,3,240,000vvs,240\mathrm{.}000vvs,0x$