W S X and Current Attempt in Progress On July 1, 2022, Carla Vista Co. pays $21,500 to Sandhill Co. for a 2-year insurance contract. Both companies have fiscal years ending December 31. (a1) For Carla Vista Co., journalize the entry on July 1 and the annual adjusting entry on December 31. (Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 3 Date SEP 18 20 F3 E D Account Titles and Explanation C $ 888 F4 R F % 5 V FS T G 6 MacBook Air B FO Y & 7 H F7 C N Debit * 00 8 J DII FB I S O M .0 K F9 Credit O O X L B F10 comma