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On July 1, 2022. Carla Vista Co: pays $21.500 to Sandhil Co, for a 2 year insurance contract Both companies have fiscal years ending December

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On July 1, 2022. Carla Vista Co: pays $21.500 to Sandhil Co, for a 2 year insurance contract Both companies have fiscal years ending December 31 Post the entry on July 1 and the adjusting entry on December 31 for Sandhill Co. (Post entries in the order of journal entries presented in the previous part.)

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