Question: 1. Prepare (140 points): please show your work to earn full credits! A. In June journal entries related to revenue recognition (62 points) $40,000 (

 1. Prepare (140 points): please show your work to earn full

1. Prepare (140 points): please show your work to earn full credits! A. In June journal entries related to revenue recognition (62 points) $40,000 ( $100, Myler Company signed a contract to sell 400 of its products to Dolan Co. for 250 products are product). The products will be delivered to Dolan over the next 6 months. After products (in addition to the the contract is modified and Myler promises to deliver additional 110 per product). All sales the 400 products of the original contract) for an additional \$10,560 (\$96 In July 2022, the company delivers onery. entry for the delivery, delivers 100 more products for cash $10,000. Prepare the journal standalone selling price of the additional pricing for the additional products does not reflect the standalone selling price of the additional products (12 points)

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