Question: Please help and be fast Question Two: Accorsi & Sons specializes in selling and installing upscale home theater systems. On 2016, Accorsi sold a premium

Please help and be fast  Please help and be fast Question Two: Accorsi & Sons specializes

Question Two: Accorsi & Sons specializes in selling and installing upscale home theater systems. On 2016, Accorsi sold a premium home theater package that includes a projector, set of speakers, and high quality leather seats, along with sold separately, each of these goods and services would have cost $15,000 (projector), $12.500 (speakers), $17,500 (seats), and $3,000 (installation), respectively. On March 1, 2016, Accorsi & Sons received the package fee of $32,500 from the customer, Jack Pittman picked up the projector, set of surround speakers, and high quality leather seats on March 15,2016 and onside installation occurred on March 25, 2016. March 1, surround complete installation service, for $32,500. If Required:, (1) How much of the transaction price would be allocated to the projector, the speakers, the leather seats, and the installation service, assuming that each of these four parts of the contract is a separate performance obligation? Show your work. (2) Prepare the journmal entries Accorsi& Sons would record on March 1, March 15 and March 25, respectively

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