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Hi. can you pleaae show this table with unearned service revenue and service revenue? thank you On July 1, 2022, Crane Co. pays $15,000 to
Hi. can you pleaae show this table with unearned service revenue and service revenue? thank you
On July 1, 2022, Crane Co. pays $15,000 to Swifty Insurance Co. for a 4-year insurance contract. Both companies have fiscal years ending Decernber 31 . Journalize and post the entry on July 1 and the annual adjusting entry on December 31 for Swifty Insurance Co. Swifty uses the accounts Unearned Service Revenue and Service Revenue. (Llst all debit entries before credit entries, Credit occount titles are automoticall) Indented when the amount is entered. Do not indent manually. Record Joumal entries in the order presented in the Step by Step Solution
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