On May 1, 2025, Young Inc entered into a contract to deliver one of its specialty mowers to Blossom Landscaping Co. The contract requires Blossom to pay the contract price of $889 in advance on May 15, 2025. Blossom pays Young on May 15, 2025, and Young delivers the mower (with cost of $542) on May 31,2025.
Prepare the journat entry on May 1.2025, for Young. ICredit account titles are outomatically indented when the amount is entered.