Question: Current Attempt in Progress On July 1, 2021, Sheffield Inc. entered into a contract to deliver one of its specialty machines to kickapoo Landscaping Co.
Current Attempt in Progress On July 1, 2021, Sheffield Inc. entered into a contract to deliver one of its specialty machines to kickapoo Landscaping Co. The contract requires Kickapoo to pay the contract price of $4,400 in advance on July 15, 2021. Kickapoo pays Sheffield on July 15, 2021, and Sheffield delivers the machine (with cost of $2,100) on July 31, 2021. Prepare the journal entry on July 1, 2021, for Sheffield. (Credit account titles are automatically Indented when amount is entered. Do notIndent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Account Titles and Explanation Debit Credit Question Part Score --/1.33 Prepare the journal entry on July 15, 2021, for Sheffield. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter for the amounts.) Account Titles and Explanation Debit Credit Macro
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