Question: September 3 0 , 2 0 2 4 . Estimated standalone selling price of the equipment, installation and technical support are $ _ _ _
September Estimated standalone selling price of the equipment, installation and technical support are $ $ and $ respectively. Each of the goodsserices are considered separate performance obligations. The equipment is delivered and installed on September Technical support began on
and will continue through the next months. Use these facts to answer questions
Amount of transaction price allocated to the equipment performance obligation.
Amount of transaction price allocated to the installation performance obligation.
Amount of transaction price allocated to the technical support performance obligation.
How much Unearned Revenue will be reported as a liability on the December balance sheet?
What amount of revenue should be recognized on September
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