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On May 1,2025, William Inc. entered into a contract to deliver one of its specialty...

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Accounting

On May 1,2025, William Inc. entered into a contract to deliver one of its specialty mowers to Crane Landscaping Co. The contract requires Crane to pay the cotract price of $944 in advance on May 15,2025. Crane pays William on May 15,2025, and William delivers the mower (with cost of $620) on May 31,2025.
(a)
Prepare the journal entry on May 1,2025, for William. (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 0 for the amounts. List debit entry before credit entry.)
\table[[Date,Account Titles and Explanation,Debit,],[May 1,2025,,,],[,,,]]
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