On May $10,2023,$ Cullumber Co$.$ enters into a contract to deliver a product to Bonita Inc. on June $15,2023.$ Bonita agrees to pay the full price of $$2,190$ on July $15,2023.$ The cost of goods is $$1,070.$ Cullumber delivers the product to Bonita on June $15,2023,$ and receives payment on July $15,2023.$ Prepare the journal entries for Cullumber related to this contract. $($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. Record journal entries in the order presented in the problem. List all debit entries before credit entries.$)$

Account Titles and Explanation

Debit

Credit

$$

$$

$$

$$

$$

$$

$$

$$On August $22,2024,$ Sunland Manufacturing sold, on account, one of its Model S$14$ bulldozer including a $5-$year service contract for $$228,000.$ The stand$-$alone price of the equipment is $$206,400$ and the service contract sells separately for $$51,600.$

Prepare the appropriate journal entry for the transaction. Ignore the cost of goods sold entry. $($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 all debit entries before credit entries.$)$

$\backslash$table$[[$Date$,$Account Titles and Explanation,Debit,Credit$],[$August $22/24,,,$