Journalize the entry on July 1 and the adjusting entry on December 31 for Oriole Company. Oriole 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 O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date July 1 Account Titles and Explanation Cash Insurance Expense Dec. 31 Insurance Expense Prepaid Insurance Debit Credit 12500 3125 1250 312