On July 1, 2025, Sheridan Co. pays $20.400 to Culver Insurance Co, for a 2-year insurance contract. Both companies have fiscal years . ending December 31 . (a1) Your answer is partially correct. Journalize the entry on July 1 and the adjusting entry on December 31 for Culver Insurance Co. Culver uses the accounts Unearned Service Revenue and Service Revenue. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually