Cullumber Windows manufactures and sells custom storm windows...
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Cullumber Windows manufactures and sells custom storm windows for three-season porches. Cullumber also provides installation service for the windows. The installation process does not involve changes in the windows, so this service can be performed by other vendors. Cullumber enters into the following contract on July 1, 2025, with a local homeowner. The customer purchases windows for aprice of $2,680 and chooses Cullumber to do the installation. Cullumber charges the same price for the windows irrespective of Whether it does the installation or not. The customer pays Cullumber $1750 (which equals the standalone selling price of the windows, Which have a cost of $1.260 ) upon delivery and the remaining balance upon installation of the windows. The windows are delivered on September 1, 2025. Cullumber completes installation on October 15, 2025, and the customer pays the balance due. Given uncertainty of finding skilled labor, Cullumber is unable to develop a reliable estimate for the standalone selling price of the installation. Prepare the journal entries for Cullumber in 2025. (Credit occoumt etles are dutomaticaly inderited when the amount is entered. Do not indent manually. If no entry is required, sclect "No entry" for the occount tities and enter 9 for the amounts. List all debic entries before credit entries. Record loumal entries in the order presented in the problem. Do not round intermedliate calasiations.)
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