Geraths Windows manufactures and sells custom storm windows for three-season porches. Geraths also provides installation service for the windows. The installation process does not involve changes in the windows, so this service can be performed by other vendors. Geraths enters into the following contract on July 1, 2020, with a local homeowner. The customer purchases windows for a price of $2,400 and chooses Geraths to do the installation. Geraths charges the same price for the windows irrespective of whether it does the installation or not. The installation service is estimated to have a standalone selling price of $600. The customer pays Geraths $2,000 (which equals the standalone selling price of the windows, which have a cost of $1,100) upon delivery and the remaining balance upon installation of the windows. The windows are delivered on September 1, 2020, Geraths completes installation on October 15, 2020, and the customer pays the balance due.

Prepare the journal entries for Geraths in 2020. (Round amounts to nearest dollar.)

Solution:

The journal entries for Geraths in 2020

July 1st                                           Cr                 Dr

                                                No entry         No entry

September 1st                              Cr                       Dr

Cash                                                                     2000                    

Accounts receivable                                             400

Cost of goods sold                                                 1100

Inventory                                      1100

Unearned service revenue          554

Sales Revenue                             1846

October 15th                                   Cr                       Dr

Cash                                                                         400

Unearned service revenue                                     554

Service revenue                             554

Accounts receivable                      400

if kj of heat is transferred o 1200 g liquid water at 36'c, what would the new temperature of the water be? (he specific heat capacity of liquid water is 4.186 j/g''c)

a. 15'c

b.100'c

c.51'c

d.36'c

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