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Question 7 [8 points) XYZ Corporation shipped software to a customer on ne 1, 2016. The rangement with the women were they provider total contract
Question 7 [8 points) XYZ Corporation shipped software to a customer on ne 1, 2016. The rangement with the women were they provider total contract price is $190,100 and XYZ Corporation estimate that the individual forms of Software agenda $100.000 Technical support 28,000 Upgrade 66.000 - What share of the total contract price will each component recognize? Please make sure your tral answers are accurate to the parent which nurent Software Tech Support Upgrade Total b) Assume that the $199,100 contract prior was paid in advance on June 1, 2015. Prepare a journal entry to record the cash recept. Don't worry about the cost of the le, 15/3an). Please make sure your finalwers are accurate to 2 decimales Date ACCOULExplon 2014 2015 Question 7 petal XYZ podwo en ne 1. 2018. The 100, 310.00 XYZprint that the Te 20.000 pre What shared wire with make you Authe St. 100 contra price winnene. 2015. Prepare ancordeon e. 1. Pese make sure your new to deal
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