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thetaocBE 2 . 3 ( LO 2 , 3 ) On July 1 , 2 0 2 5 , Crowe Co . pays $ 1

thetaocBE2.3(LO 2,3) On July 1,2025, Crowe Co. pays $15,000 to Zubin Insurance Co. for a 3-year insurance policy. Both companies have fiscal years ending December 31. For Crowe Co., journalize the entry on July
BE2.4(LO 2,3) Using the data in BE2.3, journalize the entry on July 1 and the adjusting entry on Decem1 and the adjusting entry on December 31. ber 31 for Zubin Insurance Co. Zubin uses the accounts Unearned Service Revenue and Service Revenue.
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