On July 1, 2025, Sandhili Co. pays $16,500 to Bridgeport Insurance Co. for a 1'year...
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On July 1, 2025, Sandhili Co. pays $16,500 to Bridgeport Insurance Co. for a 1'year insurance contract. Both eompanies have fiscal years ending December 31 . Journalize the entry on July 1 and the adjusting entry on December 31 for Bridgeport insurance Co, Bridgeport uses the accounts Unearned Service Revenue and Service Revenue. (Ust oll debit entries before credit entries Recond joumal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account bities and enter Ofor the amounts Ceedit account titles are outomatically indented when the amount is entered. Do not indent manually) eTextbook and Media List of Accounts Post the entry on July 1 and the adjusting entry on December 31 for Bridgeport Insurance Ca. (Post entries in the order of loumal entries presented in the previous part.) On July 1, 2025, Sandhili Co. pays $16,500 to Bridgeport Insurance Co. for a 1'year insurance contract. Both eompanies have fiscal years ending December 31 . Journalize the entry on July 1 and the adjusting entry on December 31 for Bridgeport insurance Co, Bridgeport uses the accounts Unearned Service Revenue and Service Revenue. (Ust oll debit entries before credit entries Recond joumal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account bities and enter Ofor the amounts Ceedit account titles are outomatically indented when the amount is entered. Do not indent manually) eTextbook and Media List of Accounts Post the entry on July 1 and the adjusting entry on December 31 for Bridgeport Insurance Ca. (Post entries in the order of loumal entries presented in the previous part.)
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