On June 1, 2021, Kimberly Ltd. pays $5,640 to Brothers Insurance Corp. for a one-year insurance policy. Both companies have fiscal years ending December 31 and adjust their accounts annually. (a) Your answer is partially correct. Record the June 1 transaction on the books of (1) Kimberly and (2) Brothers. (List all debit entries before credit entries. Credit account titles are automatically intended when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) (1) Kimberly Ltd. Date Account Titles and Explanation Debit Credit June 1 (2) Brothers Insurance Corp. Date Account Titles and Explanation Debit Credit June 1