Question 5 of 6 < -/19 View Policies Current Attempt in Progress On May 1, 2020, Sheridan Company enters into a contract to transfer a product to Eric Company on September 30, 2020. It is agreed that Eric will pay the full price of $24,500 in advance on June 15, 2020. Eric pays on June 15, 2020, and Sheridan delivers the product on September 30, 2020. Prepare the journal entries required for Sheridan in 2020. (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 eTextbook and Media List of Accounts Debit Credit Attempts: 0 of 3 used Submit Answor