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Workday, Inc., is an American on-demand financial management, human capital management and Student information system software company. Workday sold software to a customer for $155,000. As part of the contract, Workday promises to provide "free" technical support over the next six months. Workday sells the same software without technical support for $135,000 and a stand-alone six- month technical support contract for $45,000, so these products would sell for $180,000 if sold separately. Please prepare Workday's journal entry to record the sale of the software. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.

Workday, Inc., is an American on-demand financial management, human capital management and Student information system software company. Workday sold software to a customer for $155,000. As part of the contract, Workday promises to provide "free" technical support over the next six months. Workday sells the same software without technical support for $135,000 and a stand-alone six- month technical support contract for $45,000, so these products would sell for $180,000 if sold separately. Please prepare Workday's journal entry to record the sale of the software. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.

Quickbooks Online Accounting
Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter1: An Introduction To Quickbooks Online
Section: Chapter Questions
Problem 1M
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ew History Bookmarks Profiles Tab Window Help mission History: X Bb Microsoft Word - EXCEL GRO X ctorio.com/secured #lockdown mabled: Chapter 6 Homework Assignm... i View transaction list Journal entry worksheet < Please prepare Workday's journal entry to record the sale of the software. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. 1 Record the sale of software for cash. Note: Enter debits before credits. Transaction 1 Record entry Workday, Inc., is an American on-demand financial management, human capital management and Student information system software company. Workday sold software to a customer for $155,000. As part of the contract, Workday promises to provide "free" technical support over the next six months. Workday sells the same software without technical support for $135,000 and stand-alone six- month technical support contract for $45,000, so these products would sell for $180,000 if sold separately. General Journal New Tab R Clear entry Saved < Prev Minion 6 X Debit 5 of 5 Question 5 - Proctoring Enab X Credit > View general journal Next > E 8 $ New Tab Help 93% Save & Exit * Q
Transcribed Image Text:ew History Bookmarks Profiles Tab Window Help mission History: X Bb Microsoft Word - EXCEL GRO X ctorio.com/secured #lockdown mabled: Chapter 6 Homework Assignm... i View transaction list Journal entry worksheet < Please prepare Workday's journal entry to record the sale of the software. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. 1 Record the sale of software for cash. Note: Enter debits before credits. Transaction 1 Record entry Workday, Inc., is an American on-demand financial management, human capital management and Student information system software company. Workday sold software to a customer for $155,000. As part of the contract, Workday promises to provide "free" technical support over the next six months. Workday sells the same software without technical support for $135,000 and stand-alone six- month technical support contract for $45,000, so these products would sell for $180,000 if sold separately. General Journal New Tab R Clear entry Saved < Prev Minion 6 X Debit 5 of 5 Question 5 - Proctoring Enab X Credit > View general journal Next > E 8 $ New Tab Help 93% Save & Exit * Q
dit View View History Bookmarks Bookmarks Profiles Tab Window Help -w Submission History: X Bb Microsoft Word - EXCEL GRO X getproctorio.com/secured #lockdown ring Enabled: Chapter 6 Homework Assignm... i View transaction list Journal entry worksheet < 1 Please prepare Workday's journal entry to record the sale of the software. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Record the sale of software for cash. Note: Enter debits before credits. Transaction 1 Record entry General Journal Workday, Inc., is an American on-demand financial management, human capital management and Student information system software company. Workday sold software to a customer for $155,000. As part of the contract, Workday promises to provide "free" technical support over the next six months. Workday sells the same software without technical support for $135,000 and a stand-alone six- month technical support contract for $45,000, so these products would sell for $180,000 if sold separately. R New Tab Clear entry Saved 5 Debit X < Prev 5 of 5 G Search or type URL Question 5 - Proctoring Enab Credit View general journal www X Next > 8 F ( * New Tab Help 93% Save & Exit 0 Sat 15 Q Q Q X Subm
Transcribed Image Text:dit View View History Bookmarks Bookmarks Profiles Tab Window Help -w Submission History: X Bb Microsoft Word - EXCEL GRO X getproctorio.com/secured #lockdown ring Enabled: Chapter 6 Homework Assignm... i View transaction list Journal entry worksheet < 1 Please prepare Workday's journal entry to record the sale of the software. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Record the sale of software for cash. Note: Enter debits before credits. Transaction 1 Record entry General Journal Workday, Inc., is an American on-demand financial management, human capital management and Student information system software company. Workday sold software to a customer for $155,000. As part of the contract, Workday promises to provide "free" technical support over the next six months. Workday sells the same software without technical support for $135,000 and a stand-alone six- month technical support contract for $45,000, so these products would sell for $180,000 if sold separately. R New Tab Clear entry Saved 5 Debit X < Prev 5 of 5 G Search or type URL Question 5 - Proctoring Enab Credit View general journal www X Next > 8 F ( * New Tab Help 93% Save & Exit 0 Sat 15 Q Q Q X Subm
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