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help pls On July 1, 2025, Monty Co, pays $16,800 to Wildhorse insurance Co. for a 2-year insurance contract. Both companies have fiscal years ending

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On July 1, 2025, Monty Co, pays $16,800 to Wildhorse insurance Co. for a 2-year insurance contract. Both companies have fiscal years ending December 31. For Monty Co,, post the entries passed on July 1 and December 31. (Post entries in the order of journal entries presented in the previous part.)

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