Business, 05.10.2019 02:20 zstarr

On july 1, 2020, larkspur co. pays $20,160 to cullumber insurance co. for a 4-year insurance policy. both companies have fiscal years ending december 31. journalize the entry on july 1 and the adjusting entry on december 31 for cullumber insurance co. cullumber uses the accounts unearned service revenue and service revenue.

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On july 1, 2020, larkspur co. pays $20,160 to cullumber insurance co. for a 4-year insurance policy....

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