please help urgent!!

The CPA Canada Handbook requires that income for tax purposes be equal to a company's accounting income at all times True or False True False Arrow Co. entered into a contract with a customer for $410,000. The contract is for the delivery of equipment and a 3-year service maintenance contract for the equipment. Arrow sells separately the equipment for a selling price of $400,000, and the maintenance contract for three years for $50.000. The equipment was delivered on June 1 20X1. Arrow has a 30 November year-end Required: Prepare the journal entries required to record the revenue related to this contract during the period 1 June 20x1 to 30 November 20X1. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round percentage answers to nearest whole percent. Round final answer to the nearest whole dollar) Answer is complete but not entirely correct. Date General Journal No 1 1 June 20X1 Debit 410.000 Accounts receivable Ravenue-Equipment Contract liability 354 444 15.556 2 7.593 30 November 20X 1 Contract ability Revenue-Maintenance contract 7593