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On May 1, 2022, Ayayai Company enters into a contract to transfer a product to Eric Company on September 30,2022 . It is agreed that

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On May 1, 2022, Ayayai Company enters into a contract to transfer a product to Eric Company on September 30,2022 . It is agreed that Eric will pay the full price of $25,650 in advance on June 15, 2022. Eric pays on June 15, 2022, and Ayayai delivers the product on September 30, 2022. Prepare the journal entries required for Ayayai in 2022. (Credit account titles are outomatically indented when the amount Is entered. Do not Indent manually. If no entry is required, select "No entry" for the occount titles and enter of for the amounts.)

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