Accounting Exit Exam Question And Solutions Wit New [top] Jun 2026

TechSol Inc. sells a software license for $10,000 plus a 2-year maintenance contract for $2,000. The standalone selling price of the license is $9,500 and maintenance is $2,500. The customer pays $12,000 upfront. The license is delivered on Jan 1, 2025; maintenance starts same day.

A) $80,000 B) $100,000 C) $180,000 D) $0

TechSol Inc. sells a software license for $10,000 plus a 2-year maintenance contract for $2,000. The standalone selling price of the license is $9,500 and maintenance is $2,500. The customer pays $12,000 upfront. The license is delivered on Jan 1, 2025; maintenance starts same day.

A) $80,000 B) $100,000 C) $180,000 D) $0

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