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re.com/courses/196493assignments/10428984 module itemid=20060125 View Policies Show Attempt History Current Attempt in Progress In September 2020. Teal Corp. commits to selling 135 of its iPhone-compatible docking

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re.com/courses/196493assignments/10428984 module itemid=20060125 View Policies Show Attempt History Current Attempt in Progress In September 2020. Teal Corp. commits to selling 135 of its iPhone-compatible docking stations to Better Buy Co. for $1404015104 per products. The stations are delivered to Better Buy over the next 6 months. After 93 stations are delivered the contract is modified and Teal promises to deliver an additional 43 products for an additional $4257 (599 per station. All sales are cash on delivery Your answer is correct Prepare the journal entry for Teal for the sale of the first 93 stations. The cost of each station is $59. 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 for the amounts) Account Titles and Explanation Credit (To record sales) (To record cost of goods sold) e Textbook and Media - Your answer is partially correct. Prepare the journal entry for the sale of 10 more stations after the contract modification, assuming that the price for the additional stations reflects the standalone selling price at the time of the contract modification. In addition, the additional stations are distinct from the original products as Teal regularly sells the products separately. (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 for the amounts.) Account Titles and Explanation Debit Credit Cash 1040 Sales Revenue (To record sales) Cost of Goods Sold I Inventory (To record cost of goods sold) Textbook and Media List of Accounts 18-F m e a 2003 x do - Your answer is partially correct. Prepare the journal entry for the sale of 10 more stations (as in (bl.assuming that the pricing for the additional products does not reflect the standalone selling price of the additional products and the prospective method is used. (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 for the amounts. Round answers to 2 decimal places. e. 1.525.25) Account Titles and Explanation Debit Credit (To record sales) Cost of Goods Sold inventory (To record cost of goods sold) e Textbook and Media List of Accounts Attempts of 10 used Sun Anwer

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