I mainly need help with the second part of the problem

On July 1, 2022, Sheridan Company pays $18,500 to Wildhorse Co. for a 2-year insurance contract. Both companies have fiscal years ending December 31 Journalize the entry on July 1 and the adjusting entry on December 31 for Wildhorse Co. Wildhorse uses the accounts Unearned Service Revenue and Service Revenue. (Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Post the entry on July 1 and the adjusting entry on December 31 for Wildhorse Co. (Post entries in the order of journal entries presented in the previous part.) Unearned Service Revenue 12/31 4,625 7/1 V 123,875 12/31 Bal. 4,625 12/31 4,625 Service Revenue 7/1 18.500 12/31 4.625 Touth and Media