need help on the row where the red arrows are pointing

A nting Principles, 13e Briel Exercise 3-05 Your answer is partially correct. Try again. On July 1, 2019. Ivanhoe Co. pays $27,000 to Concord Insurance Co. for a 4-year insurance contract. Both companies have fiscal years anding December 31 For Ivanhoe Co. journalive and post the entry on July 1 and the adjusting entry on December 31. (Credit account titles are automatically indented when the amount is Date Account Titles and Explanation Credit Debit Drew rance 27000 Insurance Expe Click if you would like to Show Work for this questioni Don Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT