On 6/30/X1, Wisconsin Concerts sold all of the tickets to the rock concert that will be held on December 30, 20X1. The total value of the tickets was $1,200,000. The rock concert took place before a standing-room-only crowd on December 30, 20X1. Record the necessary adjusting entry as of 12/31/20X1 in the space provided below. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I y s Paragraph Arial 10pt A IX d == :: 6 ... | P O WORDS POWERED BY TINY QUESTION 22 2 points Save Answer On April 1, 20X1, XYZ Company paid its insurance premiums of $2,400 for the policy period April 1, 20X1 to March 31, 20X2. Record the necessary adjusting entry as of 12/31/20X1 in the space provided below. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I U Paragraph Arial 10pt TK 4 == ini P O WORDS POWERED BY TINY