Brief Exercise 3-06 On July 1, 2019, Crane Co. pays $18,000 to Bramble Insurance Co. for a 4-year Insurance contract. Both companies have fiscal years ending December 31. Journalize and post the entry on July 1 and the adjusting entry on December 31 for Bramble Insurance Co. Bramble uses the accounts Unearned Service Revenue and Service Revenue. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Round answers to decimal places, e.g. 5,275.) Date Account Tities and Explanation Debit Credit July 1 Cash 18,000 Uneared Service Revenue 18,000 Dec. 31. Unearned Service Revenue Service Revenue 2,250 Unearned Service Revenue Service Revenue