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In September 2020, Metlock Corp. commits to selling 139 of its iPhone-compatible docking stations to Better Buy Co. for $14,178 ($102 per product). The stations

In September 2020, Metlock Corp. commits to selling 139 of its iPhone-compatible docking stations to Better Buy Co. for $14,178 ($102 per product). The stations are delivered to Better Buy over the next 6 months. After 84 stations are delivered, the contract is modified and Metlock promises to deliver an additional 49 products for an additional $4,753 ($97 per station). All sales are cash on delivery. Prepare the journal entry for the sale of 10 more stations (as in (b)The cost of each station is $52.), assuming that the pricing for the additional products does not reflect the standalone selling price of the additional products and the prospective method is used.

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Account Titles and Explanation Debit Credit Cash Sales Revenue (To record sales) Cost of Goods Sold is Inventory er NA nai (To record cost of goods sold) ne ad

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