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On July 1, 2022. Blue Co. pays $22,680 to Kingbird insurance Co.for a 3-year insurance policy. Both companies have fiscal years ending 5cptember30 For Blue

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On July 1, 2022. Blue Co. pays $22,680 to Kingbird insurance Co.for a 3-year insurance policy. Both companies have fiscal years ending 5cptember30 For Blue Co. journalize the entry on July 1 and the adjusting entry on September 30

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