QUESTION FOUR (6 Marks) On September 1, 2020, Sandhill Manufacturing sold on account one of its Model S14 bulldozer including a 5-year service contract for $234,000. The stand-alone price of the equipment is $171,600 and the other service contract sells separately for $92,400. REQUIRED (show all calculations) (a) Prepare the appropriate journal entry for the transaction that occurs on September 1, 2020. Ignore cost of goods sold entry 20 | 20 Accounts Receivable 234 ooo Sales Discounts Revenue Deffered Revenue 22 400 1 30 000 171 600 -2 (b) Prepare the appropriate journal entry(ies) related to the equipment and service contract for the year ended December 31, 2020 (if any). Ignore depreciation fall 2016.pdf doc (1).pdf HR-QUIZ-TB-1 d. pdf Chapter 7.pdf MacBook Air BO F9 22 FS 888 F4 FY DIK DO FE . ( $ 4 % 5 0 > & 7 8 9 ) 0 E R T Y U O Im