[Solved] Home Theater Company has the following transaction related to the sale of merchandise inventory. June 1: Sold a home theater system (cost of \( \$ 6,200 \) ) for \( \$ 9,000 \) to a customer. The customer paid cash. The sales price included a two-year service contract valued at \( \$ 840 \). Dec 31. Recorded the amount of service contract earned. Journalize the transactions of Home Theater assuming that the company uses the perpetual inventory system.Do not record the cost of goods sold entry.Omit explanations. View Pornography: The act of looking at or watching explicit sexual material, typically intended to stimulate erotic rather than aesthetic or emotional feelings. Evolutionary Perspective: A theoretical approach that explains various aspects of human nature as a result of the process of evolution by natural selection, highlighting the adaptive value of behaviors and physical traits. Youthful Fertility: The ability or capacity of young individuals, typically in their teens and twenties, to reproduce or produce offspring. Testosterone: A steroid hormone that stimulates development of male secondary sexual characteristics, produced mainly in the testes and also in the ovaries and adrenal cortex.