t-130 On December 31, 2017, Dieker Company sells equipment to Tabor Inc. for $61,600. Dieker…

t-130 On December 31, 2017, Dieker Company sells equipment to Tabor Inc. for $61,600. Dieker…

t-130
On December 31, 2017, Dieker Company sells equipment to Tabor Inc. for $61,600. Dieker includes a 1-year assurance warranty service with the sale of all its equipment. The customer receives and pays for the equipment on December 31, 2017. Dieker estimates the prices to be $122,000 for the equipment and $3,300 for the cost of the warranty.

1) Prepare the journal entry to record this transaction on December 31, 2017

t-130 On December 31, 2017, Dieker Company sells equipment to Tabor Inc. for $61,600. Dieker…

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