Question: Creative Computing sells a tablet computer called the Protab. The $ 8 6 0 sales price of a Protab Package includes the following: One Protab
Creative Computing sells a tablet computer called the Protab. The $ sales price of a Protab Package includes the following:
One Protab computer.
A sixmonth limited warranty. This warranty guarantees that Creative will cover any costs that arise due to repairs or replacements associated with defective products for up to six months.
A coupon to purchase a Creative Probook ebook reader for $ a price that represents a discount from the regular Probook price of $ It is expected that of the discount coupons will be utilized.
A coupon to purchase a oneyear extended warranty for $ Customers cannot buy the extended warranty at any other time. Creative estimates that of customers will purchase an extended warranty.
Creative does not sell the Protab without the limited warranty, option to purchase a Probook, and the option to purchase an extended warranty, but estimates that if it did so a Protab alone would sell for $
All Protab sales are made in cash.
Prepare a journal entry to record sales of Protab Packages.
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