Khan Computer Corporation sold software to a customer for $153,000.

As part of the contract, Khanpromises to provide "free" technical support over the next six months.

Khansells the same software without technical support for $133,000 and a stand-alone six-month technical support contract for $57,000, so these products would sell for $190,000 if sold separately.

Required:

Prepare Khan's journal entry to record the sale of the software.

Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.

Record the sale of software for cash.