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In September 2025, Carla Vista Corp. commits to selling 150 of its iPhone-compatible docking stations to Vaughn Co. for $15,450 ($103 per product). The stations
In September 2025, Carla Vista Corp. commits to selling 150 of its iPhone-compatible docking stations to Vaughn Co. for $15,450 (\$103 per product). The stations are delivered to Vaughn over the next 6 months. After 94 stations are delivered, the contract is modified and Carla Vista promises to deliver an additional 44 products for an additional $4,312 ( $98 per station). All sales are cash on delivery. (a) Your answer is correct. Prepare the journal entry for Caria Vista for the sale of the first 94 stations. The cost of each station is $59. (Credit account titles ore automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account tittes and enter o for the amounts. List all debit entries before credit entries.) Prepare the journal entry for Carla Vista for the sale of the first 94 stations. The cost of each station is $59. (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 0 for the amounts. List all debit entries before credit entries.) Prepare the journal entry for the sale of 10 more stations (as in (b)), assurning that the pricing for the additional products does not reflect the standalone selling price of the additional products and the prospective method is used. (Credit occount 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 0 for the amounts. Round answers to 2 decimal places, e.3. 1.525.25. List all debit entries before credit entries. Prepare the journal entry for the sale of 10 more stations after the contract modification, assuming that the price for the additional stations reflects the standalone selling price at the time of the contract modifieation. In addition, the additional stations are distinct from the original products as Carla Vista regularly sells the products separately. (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 0 for the amounts. List all debit entries before credit entries.)
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