Nash's Company sells outdoor grilling products, providing gas and charcoal grills, accessories, and installation services for custom patio grilling stations. Respond to the requirements related to the following independent revenue arrangements for Nash's products and services. Nash's offers contract MG100 which is comprised of a free-standing gas grill for small patio use plus installation to a customer's gas line for a total price $900. On a standalone basis, the grill sells for $800 (cost $400), and Nash's estimates that the fair value of the installation service (based on cost-plus estimation) is $200. Nash's signed 15 MG100 contracts on May 30, 2021, and customers paid the contract price in cash. The grills were delivered and installed on June 15, 2021 Prepare journal entries for Nash's for MG100 in May and June 2021. (Credit account titles are automatically Indented when amount is entered. Do not Indent manually . If no entry is required, select "No Entry" for the account titles and enter for the amounts Record Journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit May 30, 2021 Cash Unearned Sales Revenue Unearned Service Revenue June 15, 2021 Unearned Rent Revenue Unearned Service Revenue June 15, 2021 Unearned Rent Revenue Installment Accounts Receivable Service Revenue (To record sales revenue) August 20, 2021 Cost of Goods Sold Inventory (To record the cost of goods sold) terms 2/20, net/60. Prepare the journal entries for the sale of 20 grills on August 1, 2021, and upon payment, assuming the customer paid on (1) August 20, 2021, and (2) September 29, 2021. Assume the company records sales net. (Credit account titles are automatically Indented when amount is entered. Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) No. Account Titles and Explanation Debit Credit 1. (To record sales on account) (To record the cost of goods sold)