Question: Bestselifiectronics selis computers and provides hardware maintenance services, On April 1 st. Bestseli sold a package deal containing a computer and a one-yar unlimited maintenancelrepair


Bestselifiectronics selis computers and provides hardware maintenance services, On April 1 st. Bestseli sold a package deal containing a computer and a one-yar unlimited maintenancelrepair service for the computer at a bundle price of $1,000. If sold separately, the computer costs $750 and the oneyear unlimited maintenanceirepair service costs $450. How much revenue does Bestsell Electronics recognize for the month ended April 30th, assuming that revenue is accrued monthly? Note: Do not round intermediate calculations. Multiple Choice: 5787.50 51,000 5656.25 33750 Jumes Corporation acquired a land in 2024 for a future buliding site at a cost of $41,500. The assessed valuation for tax purposes is $28,600, a qualified appraiser placed its value at $49,600, and a recent firm offer for the land was for a cash payment of $45,200. The fand should be reported in the financial statements at Mutaliple Choice 545,200 541500 549800 $28,600 Texas Custom Homes (TCH) constructed a new subdivision during 2023 and 2024 under contract with Oberst Development Company. Relevant data are summarized below: TCH recognizes revenue over time with respect to these contracts. What would be the journat entry made in 2023 to record revenue? Mutiple Choice
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