On July 1, 2019. Carla Vista Co.pays $16,000 to Metlock Insurance Co. for a 4-year insurance contract. Both companies have fiscal years ending December 31 and that like the winner for at ingen Motive the On July 1, 2019, Carla Vista Co. pays $16,000 to Metlock Insurance Co. for a 4-year insurance contract. Both companies have fisca years ending December 31. Journalize and post the entry on July 1 and the adjusting entry on December 31 for Metlock Insurance Co. Metlock uses the accounts Unearned Service Revenue and Service Revenue. (Credit account titles are automatically indented when the amount is entered Do not indent manually. Record journal entries in the order presented in the problem. Round answers to decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit Credit July 1 16000 16000 Dec. 31 Unearned Service Revenue Service Revenue