On December 18, Intel receives $257,000 from a customer toward a cash sale of $2.57 million for computer chips to be completed on January 23. The computer chips had a total production cost of $1.57 million. What journal entries should Intel record on December 18 and January 23? Assume Intel uses the perpetual inventory system. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in dollars, not in millions.) View transaction list Import a new list 1 Record the receipt of unearned revenue. 2 Record the sales revenue. 3 Record the cost of goods sold. Credit Note journal entry has been entered Record entry Clear entry View general journal