G 1 The screen on this worksheet is part of the slides available on UZEM, 2 3 Requirements 1 4 According to the screen on right please journalize the transaction of the 5 Insurance Provider (not the Webb Co.) on January 1 and also on January 31 $2,400 Insurance Policy Coverage for 12 Months 0 7 8 $200 Monthly Insurance Expense HHHHHHHHHH Jan. 1 On January 1, Webb Co. purchased a one- year insurance policy for $2,400. Dec. 31 10 11 12 13 14 Requirements 2 15. According to the screen on right please journalize the transaction of the 16 lessee (not the Webb Co.) on January 1 and also on January 31 17 18 19 20 21 22 23 24 25 26 $6,000 Rental Contract Coverage for 12 Months $500 Monthly Rental Revenue Htttttttttt Jan. 1 Dec. 31 On January 1, Webb Co. received $6,000 in advance for a one-year rental contract