Question: Revenue Recognition Serial; OC + cation.com/low/connect.htm sapter S Assignment 3 Brief Exercise 5-4 Allocating the transaction price [LO5-4] Sarjit Systems sold software to a customer

Revenue Recognition Serial; OC + cation.com/low/connect.htm sapter S Assignment 3 Brief Exercise 5-4 Allocating the transaction price [LO5-4] Sarjit Systems sold software to a customer for $212,000. As part of the contract, Sarjit promises to provide "free" technical support over the next six months. Sarjit sells the same software without technical support for $189,000 and a stand-alone sx-month technical support contract for $81,000, so these products would sell for $270,000 if sold separately ebookPrepare entry required" in the first account field.) Relerences View transaction lst ournal entry worksheet Record the sale of the software Enber debils before

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