Oriole Company sells outdoor grilling products, providing gas and charcoal grills, accessories, and installation services for custom patio grilling stations. Respond to the requirements related to the following independent revenue arrangements for Oriole products and services. Oriole offers contract MG100 which is comprised of a free-standing gas grill for small patio use plus installation to a customers gas line for a total price $1,150. On a standalone basis, the grill sells for $800 (cost $400), and Oriole estimates that the fair value of the installation service (based on cost-plus estimation) is $200. Oriole signed 30 MG100 contracts on May 30, 2021, and customers paid the contract price in cash. The grills were delivered and installed on June 15, 2021.

1- Prepare journal entries for Oriole for MG100 in May and June 2021

2-Oriole sells its specialty combination gas/wood-fired grills to local restaurants. Each grill is sold for $1,600 (cost $610) on credit with terms 3/20, net/60. Prepare the journal entries for the sale of 35 grills on August 1, 2021, and upon payment, assuming the customer paid on (1) August 20, 2021, and (2) September 29, 2021. Assume the company records sales net.