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On May 1.2025, Sunland Company chters into a contract to transter a product to Charlie Company on September 30, 2025, It is agreed that Charbe
On May 1.2025, Sunland Company chters into a contract to transter a product to Charlie Company on September 30, 2025, It is agreed that Charbe will pay the full price of \$26,420 in advance on June 15, 2025. Charlie pays on June 15, 2025, and Sunland dellvers the product on September 30, 2025. Prepare the journal entries required for Sunland in 2025. (Credit account titles are qutomatically indented when the amount is entered. Do not indent manually. "f no entry is required, select "No enty" for the occount titles and enter Ofor the amounts. List all debit entries before credit entries. Recoed foumal entries in the order presented in the probiem
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