On July 1, 2020, Accident Insurance Associates received $9,000 from a client for a 3-year insurance policy. Prepare the necessary journal entries for Accident Insurance Associates on July 1 and December 31 . (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)