lus.com/courses/40725/assignments/4334962 Question 4 View Policies Current Attempt in Progress On May 1, 2020, Sage Hill Inc. entered into a contract to deliver one of its specialty mowers to Oriole Landscaping Co. The contract requires Oriole to pay the contract price of $900 in advance on May 15, 2020. Oriole pays Sage Hill on May 15, 2020, and Sage Hill delivers the mower (with a cost of $615) on May 31, 2020. Sage Hill follows IFRS. Prepare the journal entry on May 1, 2020, for Sage Hill(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 amounts) Date Account Titles and Explanation Debit Credit May 1 2020 e Textbook and Media List of Accounts he web and Windows 200 DOLL yplus.com/courses/40725/assignments/4334962 Prepare the journal entry on May 15, 2020, for Sage Hill. (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 amounts.) Date Account Titles and Explanation Debit Credit May 15, 2020 eTextbook and Media List of Accounts Prepare the journal entries on May 31, 2020. for Sage Hill (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 amounts) Date Account Titles and Explanation Debit Credit the web and Windows SOJ PM DELL us.com/courses/40725/assignments/4334962 * o Prepare the journal entries on May 31, 2020, for Sage Hill. (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 amounts) Date Account Titles and Explanation Debit Credit May 31, 2020 (To record sales) May 31, 2020 (To record cost of goods sold) e Textbook and Media List of Accounts the web and Windows 5.08 PM DELL com/courses/40725/assignments/4334962 Would the journal entries above change had Sage Hill followed ASPE? eTextbook and Media List of Accounts Save for Later Attempts: 0 of 2 used Submit Answer - SOM DELL