Question: Complete Electronics Inc. sells a point-of-sale computer with a two- year service contract. Complete collects $1,500 cash fo O A. Complete will record Sales Revenue

Complete Electronics Inc. sells a point-of-sale computer with a two- year service contract. Complete collects $1,500 cash fo O A. Complete will record Sales Revenue of $2,220 when the computer is delivered to the customer O B. Complete will record Sales Revenue of $1,110 per year for two years. C. Complete will record Sales Revenue of $1,500 when the computer is delivered and will record revenue for the service con D. Complete will record Sales Revenue of $1,500 when the computer is delivered and Service Revenue of $30 per month for ntract. Complete collects $1,500 cash for the selling price of the computer and $720 for the two-year service contract. How is revenue recognized? to the customer. and will record revenue for the service contract as service calls are made. and Service Revenue of $30 per month for 24 months
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