Minarski sells computers and provides hardware maintenance services. On April 1st. Minarski sold a comp one-year unlimited maintenance as a bundle for $1,000. If sold separately, the computer costs $840 and t year unlimited maintenance service costs $360. How much revenue does Minarski Electronics recognize in assuming that revenue is accrued monthly? Please type your answer without the dollar symbol $800 should be typed as 800 $700.925 should be typed as 700.9 (retains one digit) $1,200 should be typed as 1,200

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Minarski sells computers and provides hardware maintenance services. On April 1st, Minarski sold a computer and a
one-year unlimited maintenance as a bundle for $1,000. If sold separately, the computer costs $840 and the one-
year unlimited maintenance service costs $360. How much revenue does Minarski Electronics recognize in April,
assuming that revenue is accrued monthly?
Please type your answer without the dollar symbol
$800 should be typed as 800
$700.925 should be typed as 700.9 (retains one digit)
$1,200 should be typed as 1,200
Transcribed Image Text:Minarski sells computers and provides hardware maintenance services. On April 1st, Minarski sold a computer and a one-year unlimited maintenance as a bundle for $1,000. If sold separately, the computer costs $840 and the one- year unlimited maintenance service costs $360. How much revenue does Minarski Electronics recognize in April, assuming that revenue is accrued monthly? Please type your answer without the dollar symbol $800 should be typed as 800 $700.925 should be typed as 700.9 (retains one digit) $1,200 should be typed as 1,200
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