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Metiock Windows manufactures and sells custom storm windows for the season potches, Motlock is provides instaton service for the window the installation processos Involve changes

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Metiock Windows manufactures and sells custom storm windows for the season potches, Motlock is provides instaton service for the window the installation processos Involve changes in the windows, so this service can be performed by other vendors. Matlock enters into the towing contract on July 1, 2020, with a local homeowner. The customer purchases windows for a price of $2,300 and chooses Motlock to do the installations, Metrock charges the same price for the windows irrespective of whether it does the installation or not. The installation service is estimated to have a standalone selling price of $590. The customer pays Metiek $2,000 (which is the stanowioneering price of the windows, which have a cost of $1,160) upon delivery and the remaining balance upon Installation of the windows. The windows are delivered on September 1, 2020, Matlock completes installation on October 15, 2020, and the customer pays the balance due Prepare the journal entries for Metlock in 2020. (Credit account titles are automatically incent when the amount is entered. Do not indent manually. If no entry required, select "No entry for the account tities and enter for the amounts Round answer to decimal cos. 5.125.) Credit Date Debit Account Tities and Explanation [To record contract entered into) (To record sales) (To record contract entered into) To record sales) (To record cost of goods sold)

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