Using these accounting titles. fill in the blank.
On July 1, 2016 ABC sold software to a customer for $110718 As part of the contract, ABC promises to provide free technical support over the next 6 months ABC sells the same software without technical support for $105977.06 and stand-alone 6-month technical support contract for $36849.16 Prepare journal entries for ABC Use the account titles on the spreadsheet account_titles.xlsx a. the number of performance obligations in the contract is b. the journal entry on July 1, 2016 will DR (account title) c. the amount of the DR in the journal entry on July 1, 2016 is d. the journal entry on July 1, 2016 for the larger CR (account title) e. the amount of the larger CR in the on July 1, 2016 is f. the journal entry on July 1, 2016 of the smaller CR (account title) g. the amount of the smaller CR on July 1, 2016 is h. the adjusting journal entry on Dec 31, 2016 (assume no entries have been made with respect to this sale since July 1, 2016) will DR (account title) i. the adjusting journal entry on Dec 31, 2016 will CR (account title) j. the amount of the DR and the CR on Dec 31, 2016 is Cash Cash Equivalents Short-term marketable securities Accounts receivable Allowance, accounts receivable nventories Deferred tax assets Other current assets Long-term marketable securities Property, plant and equipment Accumulated depreciation Goodwl ntangible assets Accounts payable Accrued expenses Deferred revenue Long-term debt Other non-current liabilities Common stock Retained eamings Accumulated other comprehensive income Sales revenue Cost of sales Research and development expense Selling, general and administrative expense Other income/(expense) Provision for income taxes Other comprehensive income On September 01, 2016, ABC signed a $10476 consulting contract with XYZ The contract requires ABC to provide computer technology support services whenever requested over the period from September 01, 2016 to April 01, 2018, with XYZ paying the entire $10476 on September 01, 2016 Use the account titles on the spreadsheet account titles.xlsx Prepare journal entries for ABC a. the journal entry on September 01, 2016 will be a DR to (account title) b. the journal entry on September 01, 2016 will be a CR to (account title) c. the amount of the DR and the CR on September 01, 2016 is d. the adjusting journal entry (based on months passed) on December 31, 2016 will be a DR to (account title) e. the adjusting journal entry on December 31, 2016 will be a CR to (account title) f. the amount of the DR and the CR on December 31, 2016 will be
