Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

XYZ Ltd. has signed a contract with a LMN Ltd. company in Dec 20 for Hardware to be delivered worth 1000,000 and maintenance for 3

XYZ Ltd. has signed a contract with a LMN Ltd. company in Dec 20 for Hardware to be delivered worth 1000,000 and maintenance for 3 years worth 360000. Kit has been delivered on 2th Jan21 and installation has been done on same day. Please provide answers to below. w.r.t. above scenario. Due to system issues has not been done in 2th jan 21. Please provide the journal for tide the journal for tide the journal for tide the journal entries doe Dec. 20 month end in Ltd. Books.

Please answer this, its really important.

I will defintely gives a thumbs up

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Financial Accounting

Authors: Richard Lewis, David Pendrill

5th Edition

0273622919, 978-0273622918

More Books

Students also viewed these Accounting questions