On December 31, 2020, Carla Vista Company sells production equipment to Tamarisk Inc. for $ 54,300. Carla Vistaincludes a one-year assurance warranty service with the sale of all its equipment. The customer receives and pays for the equipment on December 31, 2020. Carla Vista estimates the prices to be $ 48,500 for the equipment and $ 5,800for the cost of warranty.

a) Prepare a single compound journal entry to record this transaction on December 31, 2020. Ignore any related cost of goods sold entry

Account Title	Debit	Credit