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1 . On July 1 , 2 0 2 5 , Crane Co . pays $ 1 8 , 0 0 0 to Flint Insurance
On July Crane Co pays $ to Flint Insurance Co for a year insurance contract. Both companies have fiscal years ending December Journalize the entry on July and the adjusting entry on December for Flint Insurance Co Flint uses the accounts Unearned Service Revenue and Service Revenue. List all debit entries before credit entries. Record journal entries in the order presented in the problem. If no entry is required, select No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Post the entry on July and the adjusting entry on December for Flint Insurance CoPost entries in the order of journal entries presented in the previous part. Please answer question
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