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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
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 journal entry to record the sale of the software. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the sale of the software. Note: Enter debts before credits Transaction General Journal Credit Debit 110,000 Cash Sales revenu
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