Sarjit Systems sold software to a customer for $$110,000.$ As part of the contract, Sarjit promises to provide "free" technical support over

the next six months. Sarjit sells the same software without technical support for $$96,000$ and a stand$-$alone six$-$month technical

support contract for $$24,000,$ so these products would sell for $$120,000$ if sold separately.

Prepare Sarjit's joumal entry to record the sale of the software.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.

Journal entry worksheet

$1$

Record the sale of software for cash.

Note: Enter debits before credis.