Question: Sarjit Systems sold software to a customer for $166,000. As part of the contract, Sarjit promises to provide free technical support over the next six
Sarjit Systems sold software to a customer for $166,000. As part of the contract, Sarjit promises to provide "free" technical support over the next six months Sacit sells the same software without technical support for $144,000 and a stand-alone six-month technical support contract for $36,000, so these products would sell for $180,000 if sold separately. Prepare Sarjit's Journal entry to record the sale of the software. (If no entry is required for a transaction/event, select "No Journal entry required in the first account field) View transaction list Journal entry worksheet Record the sale of the software. Note: Enter debits before credits General Journal Debit Credit Transaction 1 Record entry Clear entry View general Journal
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