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Journal entry worksheet Record the receipt of Troy's payment. Note: Enter debits before credits. Journal entry worksheet Record the delivery of the vehicle. Riker recelves $33,000 from Troy as payment for a vehicle that has a fair value of $43,300. The $33,000 constitutes full payment for the vehicle as specified in the soles contract. Assume that the time volue of money is viewed as significant for this contract. Required: (a) Did Troy poy Riker before or after delivery of the vehicle? (b) Prepare the joumol entry Riker would moke to record receipt of Troy's payment, ossuming no interest revenue or interest expense had been recorded previously. (c) Prepare the journal entry Riker would make to record delivery of the vehicle. assuming no interest revenue or interest expense had been recorded previously