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Current Attempt in Progress On July 1, 2025, Bonita Co. pays $10,488 to Windsor Insurance Co. for a 2-year insurance policy. Both companies have
Current Attempt in Progress On July 1, 2025, Bonita Co. pays $10,488 to Windsor Insurance Co. for a 2-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 Windsor Insurance Co. Windsor uses the accounts Unearned Service Revenue and Service Revenue. (Credit account tities are automatically Indented when amount is entered Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit
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