On May 10, 2020, Marigold Co. enters into a contract to deliver a product to Greig Inc. on June 15.2020 Greig agrees to pay the full contract price of $2.150 on July 15, 2020. The cost of the goods is $1.470. Marigold delivers the product to Greig on June 15, 2020, and receives payment on July 15, 2020. Prepare the journal entries for Marigold related to this contract. Either party may terminate the contract without compensation until one of the parties performs. (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 O for the amounts.) Date Account Titles and Explanation May 10, 2020 No Entry No Entry (To record contract entered into Jun 15, 2020 15.2020 1 (To record sales) (To record cost of goods sold) 4 E R MacBook Pro 5 6 T Y 27 Debit B U -O D F G H J K x C V B N M C Credit -O L P command