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Current Attempt in Progress On July 1. 2020, Sweet Co, pays $21.680 to Pharoah Insurance Co, for .4 year insurance policy Both companies have fiscal

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Current Attempt in Progress On July 1. 2020, Sweet Co, pays $21.680 to Pharoah Insurance Co, for .4 year insurance policy Both companies have fiscal years. ending December 31. Journalize the entry on July 1 and the adjusting entry on December 31 for Pharoah Insurance Co. Pharoah uses the accounts Uneamexd Service. Revenugand Service Revenue. (Credit account tilles are outomatically indented when amount is entered. Do not indent manually. If no entry is requidet, select "No entry" for the account titles and enter o for the omounts. Record journal entries in the order presented in the probiem

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