Help me answer the following question . On July 1, 2017, Ling

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Anonymous
2016-09-21 02:37:03 Post No. 1514643
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Anonymous 2016-09-21 02:37:03 Post No. 1514643 [Report]

Help me answer the following question . On July 1, 2017, Ling Co. pays $12,400 to Marsh Insurance 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 Marsh Insurance Co.. Marsh uses the accounts Unearned Service Revenue and Service Revenue.

Anonymous 2016-09-21 02:40:51 Post No.1514650
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Anonymous 2016-09-21 02:40:51 Post No.1514650 [Report]

The entry on July 1st would be a debit to cash and a credit to service revenue. idk about december 31st

Anonymous 2016-09-21 02:42:20 Post No.1514654
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Anonymous 2016-09-21 02:42:20 Post No.1514654 [Report]

>>1514643
not your personal homework army

Anonymous 2016-09-21 02:46:23 Post No.1514662
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Anonymous 2016-09-21 02:46:23 Post No.1514662 [Report]

>>1514643
There is no answer because you never asked a question #mindblown #mindfuck #wow

Anonymous 2016-09-21 06:16:19 Post No.1514993
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Anonymous 2016-09-21 06:16:19 Post No.1514993 [Report]

The entry for July 1st would be a debit to prepaid insurance for the $12,400 and a credit to cash for the same.
The December 31st entry would be a debit to insurance expense for $3,100.02 and a credit to prepaid insurance for the same.

Anonymous 2016-09-21 06:55:12 Post No.1515034
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Anonymous 2016-09-21 06:55:12 Post No.1515034 [Report]

thank you my friend

Help me answer the following question . On July 1, 2017, Ling

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible. Read more on this topic here - https://archived.moe/talk/thread/1694/

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/