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Sarjit Systems sold software to a customer for $193,000. As part of the contract, Sarjit...

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Accounting

Sarjit Systems sold software to a customer for $193,000. 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 $168,000 and a stand-alone six-month technical support contract for $72,000, so these products would sell for $240,000 if sold separately. Prepare Sarjits journal entry to record the sale of the software. (

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