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- 20 View Policies Current Attempt in Progress Cheyenne Company sells tablet PCs combined with internet service which permits the table to connect to the internet anywhere and set up a Wi-Fi hotspot. It offers two bundles with the following terms 1. Cheyenne Bundle A sells a tablet with 3 years of Internet service. The price for the tablet anda 3 year Internet connection service contract is $455. The standalone selling price of the tablet is 5234 the cost to Cheyenne Company is $1711 Cheyenne Company sells the Internet access service independently for an upfront payment of 5270. On locurry 2.2020 Cheyenne Company signed contracts receiving a total of $40.950 in cash Cheyenne Bundle Bincludes the tablet and Internet service plus a service plan for the tablet PC for any repairs or des to the tablet or the Internet connection during the 3-year contract period. That product bundles for $59. Cheyenne Company provides the year tablet service plans a separate product with a standalone will price 5140 Cheyenne Company signed 180 contracts for Cheyenne Bundle on July 1 2020, receiving a total of 10 2. Prepare any journal entries to record the revenue arrangement for Cheyenne Bundle A onay 2, 2020, and December 31 2020. (Credit account titles are automatically indented when the amount is entered. Do not indien entret "No entry for the account title and enter for the amounts Roundowe to decimal places 5.125 Debit Credit Date Account Titles and Explanation 2,3090 ca Prepare any journal entries to record the revenue arrangement for Cheyenne Bundle Andy2.2000 december 31 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent mously not det "No entry for the account tities and enter for the amounts. Round answers to decimal places 5.125) Date Account Titles and Explanation Debit In 2.2020 40150 Salve Uncamed Sales To record sales) Choose Co second cost of goods sold) Sue 2013 -720 Prepare any journal entries to record the rangement for Chandler om al 2020 and December 2010 (Credit account titles are automatically indented when the amount sted. Do not identite entry for the accounts and enter for the amounts Round andere 125 Date Account Titles and Explanation Debit Credi (Tom E acer