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Question 3 of 12 -/1 View Policies Current Attempt in Progress On July 1, 2022, Carla Vista Co. pays $14,632 to Sandhill Co.for a 2-year

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Question 3 of 12 -/1 View Policies Current Attempt in Progress On July 1, 2022, Carla Vista Co. pays $14,632 to Sandhill Co.for a 2-year insurance contract. Both companies have fiscal years ending December 31 Journalize the entry on July 1 and the adjusting entry on December 31 for Sandhill Co. Sandhill uses the accounts Unearned Service Revenue and Service Revenue. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Credit Date Debit e Textbook and Media List of Accounts A Post the entry on July 1 and the annual adjusting entry on December 31 for Sandhill Co. (Post entries in the order of journal entries presented in the previous part.) Unearned Service Revenue Service Revenue e Textbook and Media List of Accounts

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