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Sandhill Windows manufactures and sells custom storm windows for three - season porches. Sandhill also provides installation service for the windows. The installation process does
Sandhill Windows manufactures and sells custom storm windows for threeseason porches. Sandhill also provides
installation service for the windows. The installation process does not involve changes in the windows, so this service
can be performed by other vendors. Sandhill enters into the following contract on July with a local homeowner.
The customer purchases windows for a price of $ and chooses Sandhill to do the installation. Sandhill charges the
same price for the windows irrespective of whether it does the installation or not. The installation service is estimated
to have a standalone selling price of $ The customer pays Sandhill $which equals the standalone selling price
of the windows, which have a cost of $ upon delivery and the remaining balance upon installation of the windows.
The windows are delivered on September Sandhill completes installation on October and the
customer pays the balance due.
Prepare the journal entries for Sandhill in 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 answer to decimal places, eg List all debit
entries before credit entries. Record journal entries in the order presented in the problem. Do not
round intermediate calculations.
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