Computers and Technology, 07.03.2020 04:12 montgomerykarloxc24x

On November 1, 2019, Gerakos Corporation sold software and a six-month technical support contract to a customer for $80,000. Gerakos sells the same software without technical support for $60,000. It sells technical support for $30,000. Gerakos allocates the transaction price based on relative stand-alone values.

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On November 1, 2019, Gerakos Corporation sold software and a six-month technical support contract to...

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