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Business, 05.11.2019 05:31 webbjalia04

Cullumber company sells goods that cost $293,000 to ricard company for $381,000 on january 2, 2017. the sales price includes an installation fee, which has a standalone selling price of $39,000. the standalone selling price of the goods is $342,000. the installation is considered a separate performance obligation and is expected to take 6 months to complete. prepare the journal entry (if any) to record the sale on january 2, 2017.

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