3.

Sarjit Systems sold software to a customer for $217,000. As part of the contract, Sarjit promises to provide "free" technical support over the next six months. Sarjit sells the same software without technical support for $189,000 and a stand-alone six-month technical support contract for $81,000, so these products would sell for $270,000 if sold separately. Prepare Sarjit's journal entry to record the sale of the software. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the sale of the software. Note: Enter debits before credits. Debit Transaction General Journal Credit Cash Sales revenue Deferred revenue View general journal Record entry Clear entry