Seadrill engineering licensed software to oil-drilling firms for 5 years. in addition to providing the software, the company also provides consulting services and support to ensure smooth operation of the software. the total transaction price is $420,000. based on standalone values, the company estimates the consulting services and support have a value of $120,000 and the software license has a value of $300,000. assuming the performance obligations are not interdependent, the journal entry to record the transaction includesa. a credit to sales revenue for $250,000 and a credit to unearned service revenue of $100,000.
b. a credit to service revenue of $100,000.
c. a credit to unearned service revenue of $100,000.
d. a credit to sales revenue of $350,000.

The answer is: I believe the question was not copied correctly since the numbers don't match.

The recorded transactions should be:

Dr Cash 420,000Cr Sales Revenue of 300,000Cr Unearned Service Revenue of 120,000

Cash account should be debited, since it's an asset. Sales revenue should be credited since it increases equity.Unearned revenue is a type of liability, so it should be credited.

$527.7.if the following was the question  $527.7 is the answer.students who are trying to raise funds have an agreement with a local pizza chain. the chain has agreed to sell them pizzas at a discount, which the students can then resell to families in the local community for a profit. it is expected that of the 500 families in the community, at most 70% will buy pizza. based on a survey of their personal preferences, the students believe that they should order no more than 120 cheese pizzas, no more than 150 pepperoni pizzas, and no more than 100 vegetarian pizzas. they also want to make sure that at least 20% of the total pizzas are cheese and at least 50% of the pizzas are pepperoni. they make a profit of $1.45, $1.75, and $1.98, respectively, for each cheese, pepperoni, and vegetarian pizza they resell. how many pizzas of each type should they buy?