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NNo handwriting please Q2) Snow Co. is a machine manufacturer. The company also gives maintenance services. Snow Co. agreed to sell a machine and a
NNo handwriting please
Q2) Snow Co. is a machine manufacturer. The company also gives maintenance services. Snow Co. agreed to sell a machine and a 2-year maintenance service to its customer at 400.000 $ on 1 December 2018. The machine and maintenance service can be sold separately. The machine has a price of 405.000$ and 4-year service has a price of 45.000$. Snow Co. installed the machine to the customer's factory on 1 January 2019 and collected all sales revenue on this date. Make the necessary journal entries until 31 December 2019Step by Step Solution
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