Toyota Sales & Service enters into a contract with Peter on 1 March 20x5 to deliver a sport car for RM150,000 on 31 July 20x5. Upon signing of the contract, Peter pays RM20,000 by cash as a deposit for the sports car that he orders and agreed to pay RM130,000, the balance on April 1, 20x5. The deal is irrevocable. Peter does not pay the balance of RM130,000 until the 15th of April 20x5 by cheque, and Toyota Sales & Service delivers the sport car on the 31st of July 20x5. Prepare all the relevant journal entries to record the contract in 20x5.