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wers Ltd. agreed to sell the City of Halifax four riding mowers and 20 push lawn mowers. The contract price was $75,600. Bridgeport normally sells

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wers Ltd. agreed to sell the City of Halifax four riding mowers and 20 push lawn mowers. The contract price was $75,600. Bridgeport normally sells its riding mowers for $15,120 and its push lawn mowers for $1,008. The contract required the City of Halifax to pay Bridgeport once all of the merchandise has been delivered to the city's public works yard, Bridgeport's management does not expect any returns or any issues with payment. Bridgeport delivered all four of the riding mowers and 14 of the push mowers on April 26. The remaining six push mowers were delivered on May 5. Bridgeport received payment from the city on May 18. Bridgeport's cost for each riding mower is $10,458, while the push mowers cost the company $650 each (a) Determine the amount of revenue that Bridgeport would be able to recognize in April. Revenue Recognized $ Riding mowers Push lawnmowers Total $ Record the transactions for April and May in Bridgeport's records assuming that the company uses a perpetual inventory system. (list all debit entries before credit entries. 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) Account Titles and Explanation Debit Credit April 26 Date (To record sales) (To record cost of goods sold) (To record sales) (To record cost of goods sold) May 18 O RI > rch SAMSUNG 9 1 7 6 5 P Y IR T E w L K H F > o D 5 B N V N 20 Date Account Titles and Explanation Debit Credit April 26 (To record sales) (To record cost of goods sold) (To record sales) (To record cost of goods sold) May 18

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