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Your answer is parcially correct Sunland Windows manufactures and sells custom storm windows for three-season porches. Sunland also provides installation service for the windows. The

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Your answer is parcially correct Sunland Windows manufactures and sells custom storm windows for three-season porches. Sunland also provides installation service for the windows. The Installation process does not involve changes in the windows, so this service can be performed by other vendors. Sunland enters into the following contract on July 1, 2020, with a local homeowner. The customer purchases windows for a price of $2360 and chooses Sunland to do the Installation. Sunland charges the same price for the windows irrespective of whether it does the Installation or not. The installation service is estimated to have a standalone selling price of $570. The customer pays Sunland $2100 (which equals the standalone selling price of the windows, which have a cost of $1110) upon delivery and the remaining balance upon installation of the windows. The windows are delivered on September 1, 2020, Sunland completes Installation on October 15, 2020, and the customer pays the balance due. Prepare the journal entries for Sunland in 2020. (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. Round answer to O decimal places, 5,125.) Debit Credit Date Jul 1, 2020 Account Titles and Explanation No Entry No Entry (To record contract entered into) Cash Sep. 1.2020 2100 Accounts Receivable 260 Sales Revenue 1901 459 Unearned Service Revenue (To record sales) Cost of Goods Sold entory

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