On July 1, 2022, Major Co. pays $15,120 to Mesa Insurance Co.for a 4-year insurance contract. Both companies have fiscal yearsending December 31. On July 1, 2022, Major Co. pays \( \$ 15,120 \) to Mesa Insurance Co. for a 4-year insurance contract. Both companies have fiscal years ending December 31 . For Major Co, journalize and post the entry 1 answer