Question: Hi! What would a journal entry and adjusting journal entry look like for this question? Thanks! (Each unit is $55) 15) On January 25th, 2018,

Hi! What would a journal entry and adjusting journal entry look like for this question? Thanks! (Each unit is $55)

15) On January 25th, 2018, REI received confirmation from EDL that the Saskatoon Public School Division has purchased 400 DoorSpy units. The School Division wants to phase-in the installation of these 400 units over a three-month period. The installation amount of $22,000 was paid to REI on January 27th and would require REI to perform services from the 30th of January until the 30th of April. (Hint - Use the number of days to determine the adjusting entry that will be required at the end of the quarter)

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