Journal

$($b$)$ Journalize the March $31$ adjusting entry required when the amount of unexpired insurance applicable to future periods is $$2,770.$ Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.