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CALELATOR FULL SCREEN PRINTER VEHRSION BACK Brief Exercise 4-7 On July 1, 2017, Blossom Company pays $18,000 to Sunland Company for a 1-year insurance contract.

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CALELATOR FULL SCREEN PRINTER VEHRSION BACK Brief Exercise 4-7 On July 1, 2017, Blossom Company pays $18,000 to Sunland Company for a 1-year insurance contract. Both companies have fscal years ending December 31 Your answer is partially correct. Try again. Journalize the entry on July 1 and the adjusting entry on December 31 for Sunland Company. Sunland uses the accounts Uneamed Service Revenue and Service Revenue. (Record journmal entries in the order presented in the problem If no entrY is reguired, select "No Entry" for the accout titles and enter 0 for the amounts. Credit accoant ttles are automaticaaly indented whee the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit July 1 Cash 18000 Unearned Service Revenue 18000 Dec. 31 Unearned Service Revenue 900 Service Revenue 900 SHOW LIST OF ACCOUNTS SHOW LIST OF ACCOUNTS Your answer is incorrect. Try again. Post the entry on July 1 and the adjusting entry on December 31 for Sunland Company. (Post entries in the order of journal entries presented in the previous part.) Unearned Service Revenue Service Revenues Click if you would like to Show Work for this question: Open Show Work

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