$1.$ On July $1,2025,$ Crane Co$.$ pays $$18,000$ to Flint 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 Flint Insurance Co$.$ Flint uses the accounts Unearned Service Revenue and Service Revenue. $($List all debit entries before credit entries. Record journal entries in the order presented in the problem. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.$)$ Post the entry on July $1$ and the adjusting entry on December $31$ for Flint Insurance Co$.($Post entries in the order of journal entries presented in the previous part.$)$ Please answer question $2.$