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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 Crane Co enters into a contract to deliver a product to Windsor Inc. on June Windsor agrees to pay the full price of $ on July The cost of goods is $ Crane delivers the product to Windsor on June and receives payment on July 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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