ILLU ung, 1/ Intermediate Accounting 17e (ACC 334-335- Assignment Gradebook ORION Downloadable Textbook ent NEXT CALCULATOR FULL SCREEN PRINTER VERSION RACK Question 4 On May 1, 2020, Sarasota Inc. entered into a contract to deliver one of its specialty mowers to kickapoo Landscaping Co. The contract requires Kickapoo to pay the contract price of $965 in advance on May 15, 2020. Kickapoo pays Sarasota on May 15, 2020, and Sarasota delivers the mower (with cost of $651) on May 31, 2020. (*) Prepare the journal entry on May 1, 2020, for Sarasota. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually. If no entry is required, select "No entry for the account tities and enter for the amounts.) Date Account Titles and Explanation Debit Credit May 1, 2020 (6) Prepare the journal entry on May 15, 2020, for Sarasota. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. ir no entry is required, select "No entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit May 15, 2020 (c) Prepare the joumal entry on May 31, 2020, for Sarasota. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry for the account titles and enter for the mounts.) Date Account Titles and Explanation Debit Credit May 31, 2020 (to record sales 2000-2020 John WInc. All Rights Reserved. A Diversos Inc Version 4.24.201 etv