On October 1, 2023, Sunland sold one of its super deluxe combination gas/charcoal barbecues to a local builder. The builder plans to install it in one of its "Parade of Homes" houses. Sunland accepted a three-year, zero-interest-bearing note with a face amount of $4,685. The barbecue has an inventory cost of $2,376. An interest rate of 10% is an appropriate market rate of interest for this customer. Prepare the journal entries on October 1, 2023, and December 31, 2023. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presnted in the problem. List all debit entries before credit entries. For calculation purposes, use 5 decimal places as displayed in the factor table provided and round final answers to O decimal places, e.g. 5,275.) COMPLETE PART C

The province of Ontario is planning major renovations in its parks during 2023 and enters into a contract with Sunland to purchase 450 durable, easy-maintenance, standard charcoal barbecues during 2023. The barbecues are priced at $225 each (with a cost of $165 each), and Sunland provides a 8\% volume discount if Ontario purchases at least 350 grills during 2023. Sunland delivers and receives payment for 330 barbecues on April 17, 2023. Based on prior experience with province of Ontario renovation projects, the delivery of this many barbecues makes it certain that Ontario will meet the volume discount threshold. Prepare the journal entries for Sunland for barbecues sold on April 17, 2023, including any volume discounts. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) Sunland Company sells total outdoor barbecue solutions, providing gas and charcoal barbecues, accessories, and installation services for custom patio barbecue stations. Respond to the requirements related to the following independent revenue arrangements for Sunland products and services. Assume that Sunland follows IFRS. Click here to view Table A.2 - PRESENT VALUE OF 1 - (PRESENT VALUE OF A SINGLE SUM) (a) Sunland offers contract BM205, which consists of a free-standing gas barbecue for small patio use plus installation to a customer's gas line for a total price of $920. On a stand-alone basis, the barbecue sells for $820 (cost $445 ), and Sunland estimates that the fair value of the installation service (based on cost-plus estimation) is $140. Sunland signed 12 BM205 contracts on April 20,2023, and customers paid the contract price in cash. The barbecues were delivered and installed on May 15, 2023. Prepare journal entries for Sunland for BM205 in April and May 2023. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) On October 1,2023 , Sunland sold one of its super deluxe combination gas/charcoal barbecues to a local builder. The builder plans to install it in one of its "Parade of Homes" houses. Sunland accepted a three-year, zero-interest-bearing note with a face amount of $4,685. The barbecue has an inventory cost of $2,376. An interest rate of 10% is an appropriate market rate of interest for this customer. Prepare the journal entries on October 1, 2023, and December 31, 2023. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries. For calculation purposes, use 5 decimal places as displayed in the factor table provided and round final answers to 0 decimal places, e.g. 5,275.) List of Accounts Last saved 2 hours ago. Attempts: 0 of 3 used Saved work will be auto-submitted on the due date. Autosubmission can take up to 10 minutes