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On August 1, 2019, Dillard sold 800 bundles super shaver complete. Each bundle sold for...

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Accounting

  1. On August 1, 2019, Dillard sold 800 bundles super shaver complete. Each bundle sold for $750 a bundle consisting of 1) super shaver with a retail cost of $100 and a 24 month subscription to super shaver supplies. The supplies if sold separately would sell for $30 per month. Dillard recorded sales revenue of $600,000 in 2019 related to these bundles. All costs related to the super shaver and the shipments of supplies were expensed properly.

Please prepare all appropriate journal entries for the year ending 12/31/2019

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