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Westinghouse Company, producer of washing machines, sells various customers_ It has a contract to deliver 10 fully automatic washing machines to Soft and Wash Company
Westinghouse Company, producer of washing machines, sells various customers_ It has a contract to deliver 10 fully automatic washing machines to Soft and Wash Company for a total price of P4OO,00O. The contract contains a clause for free repairs and maintenance services for a period of two years from date of purchase. Soft & Wash paid 50% of the price and half after 3 months. How much sales revenue will be recognized by Westinghouse on this sale?
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