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On May 1 0 , 2 0 2 3 , Crane Co . enters into a contract to deliver a product to Windsor Inc. on

On May 10,2023, Crane Co. enters into a contract to deliver a product to Windsor Inc. on June 15,2023. Windsor agrees to pay the full price of \(\$ 2,110\) on July 15,2023. The cost of goods is \(\$ 1,490\). Crane delivers the product to Windsor on June 15,2023, and receives payment on July 15,2023. Prepare the journal entries for Crane related to this contract. (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 Ofor the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries.)
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