Answer:
<u><em>there are two performance: </em></u>
the sales revenue and the insurance.
cash 165,000 debit
unearned revenues 165,000 credit
--to record collectiong from local bank
unearned revenues 165,000 debit
sales revenues 151,000 credit
insurance liability 9,900 credit
--to record gold delivered to Brink's--
insurance liability 9,900 debit
insurance fees earned 9,900 credit
--to record reception of bank from Brink/end of the insurance--
Explanation:
sales revenue
100 x 1,410 = 141,000 = 94%
insurance:
100 x 90 = 9,000 = 6%
total 150,000
combo: 165,000
sales revenue: 165,000 x 94% = 155,100
insurance fee earned: 165,000 x 6% = 9,900
