Max mechanics sold engines to a customer for 35000 prepare


Question - Max Mechanics sold engines to a customer for $35,000. As part of the contact, Max's promised to provided 'free' tuning services for two years. Max's sells the engines without tuning services for $28,750 and a stand-alone one year tuning service contract for $3,700. Prepare Max's journal entry to record the sale of the engines. Show calculations.

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Accounting Basics: Max mechanics sold engines to a customer for 35000 prepare
Reference No:- TGS02507509

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