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Unearned Revenue and Customer Deposits On November 2 0 , 2 0 2 3 , Green Bay Electronics agreed to manufacture and supply lectronic control
Unearned Revenue and Customer Deposits
On November Green Bay Electronics agreed to manufacture and supply lectronic control units used by Wausau Heating Systems in large commercial and industrial installments. On that date, Wausau depusided $ per unit upon signing the year purchase agreement, which set the selling pice of each control unit at $ Green Bay's Inventory cost is $ per unit. No units were delivered during The first units will be delivered in units will be delivered during and the remaining units will be delivered during Assume Green Bay uses a perpetual inventory system, and wasau pays in cash upon delivery of units for amounts not covered by the deposit.
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