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Question 4 of 7 -/3 Record the June 1 transaction on the books of (1) Karen and (2) Spruce. (List all debit entries before credit

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Question 4 of 7 -/3 Record the June 1 transaction on the books of (1) Karen and (2) Spruce. (List all debit entries before credit entries. Credit account tities 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) Karen Ltd. Date Account Titles and Explanation Debit Credit June 1 (2) Spruce Insurance Corr. Date Account Titles and Explanation June 1 Debit Credit eTextbook and Media List of Accounts Question 4 of 7 -/3 View Policies Current Attempt in Progress On June 1.2021, Karen Ltd. pays $4.560 to Spruce Insurance Corp. for a one-year insurance policy. Both companies have fiscal years ending December 31 and adjust their accounts annually

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